Canadian Prime Minister Justin Trudeau and provincial and territorial premiers have issued a joint statement in response to potential U.S. tariffs, signaling a unified front to protect Canada's economy.
Trudeau stated, \"nothing is off the table,\" following discussions with premiers in Ottawa concerning U.S. President-elect Donald Trump's tariff threats.
Trump has vowed to impose a 25% tariff on all Canadian goods entering the United States unless Canada enhances its border security measures.
The joint statement emphasizes collaborative efforts to prevent such tariffs, ensuring that no single region of Canada would \"disproportionately bear the burden\" of these economic measures.
However, Alberta Premier Danielle Smith did not sign the statement, expressing concerns that an export ban on Alberta oil to the U.S. as retaliation could trigger a \"national unity crisis.\"
Despite this, the premiers remain committed to implementing a range of measures to support sectors, businesses, and individuals in the face of potential U.S. tariffs.
The statement outlined plans to rapidly distribute revenues from any retaliatory tariffs to mitigate economic impacts effectively.
The leaders agreed to maintain a collaborative approach towards U.S. engagement that takes into account the diverse economic needs of all provinces and territories.
Following Donald Trump's inauguration on January 20, the premiers are scheduled to meet weekly to coordinate their responses.
In addition, Trudeau announced a Cabinet retreat on inauguration day to prioritize defending Canadian interests.
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Canada's PM, premiers issue joint statement on potential U.S. tariffs
cgtn.com
