Former U.S. President Donald Trump has threatened to double tariffs on Canadian goods, escalating an ongoing trade dispute between the two neighboring nations.
Trump made the statement on his Truth Social platform, warning that the United States would retaliate against Canada’s recently announced tariffs.
“Please explain to Governor Trudeau, of Canada, that when he puts on a Retaliatory Tariff on the US, our Reciprocal Tariff will immediately increase by a like amount!” Trump wrote, referring to Canadian Prime Minister Justin Trudeau.
Escalating Trade Tensions
The dispute began after Trudeau announced a 25% tariff on American products, a direct response to Trump’s tariffs on imports from Canada and Mexico. The move has further strained the already tense trade relationship between the two nations, which has faced challenges since Trump’s presidency and the renegotiation of NAFTA into the USMCA trade agreement.
Trump has previously floated the idea of Canada joining the U.S. as its 51st state, a suggestion that has been dismissed by Canadian leaders. His latest tariff threat, however, focuses squarely on economic retaliation rather than political integration.
Potential Economic Impact
Canada is one of the United States’ largest trading partners, with billions of dollars in goods crossing the border daily. Increased tariffs could affect industries ranging from agriculture to automotive manufacturing, raising costs for both businesses and consumers.
The Canadian government has yet to respond directly to Trump’s latest remarks, but officials have previously vowed to protect Canadian industries from U.S. trade policies.
As tensions rise, analysts warn that a full-scale trade war between the two countries could disrupt supply chains and slow economic growth on both sides of the border.