Canadian Prime Minister Justin Trudeau said new 25% prices imposed by the Trump administration on his country were “very stupid”. (Credit: Reuters)
Canadian Prime Minister Justin Trudeau On Tuesday the new prices of 25% of the Trump administration on Tuesday, calling for “very stupid” measures and promising that his country “does not back down after a fight”.
Trudeau previously announced 25% of reprisals on American products in response to the President Donald Trump’s prices This has entered into force on Canadian imports. Trump replied on Tuesday saying that “please explain to Governor Trudeau, Canada, that when he puts a reprisal rate in the United States, our reciprocal rate will immediately increase a similar amount!”
“Thus, the United States has launched a trade war against Canada, its closest and ally, its closest friend. At the same time, they speak of working positively with Russia, soothing Vladimir Putin, a deadly and murderous dictator. Having a meaning,” Trudeau told journalists.
“The Canadians are reasonable, and we are polite, but we will not back up a fight, not when our country and the well-being of everyone are at stake,” he continued.
Trudeau says that Canada will issue 25% of $ 155 billion in American products
Prime Minister of Canada Justin Trudeau criticized the new Trump administration’s prices on Tuesday, March 4. (Thierry Monasse / Getty Images / Getty Images)
“I mean directly to a specific American, Donald. During the eight years, you and I worked together, we have done great things,” Trudeau also said. “And now we should work together to ensure even greater prosperity for North Americans in a very uncertain and stimulating world. Now, it’s not in my habit of agreeing with the Wall Street Journal. But Donald, they point out that even if you are a very intelligent guy, it’s a very stupid thing to do. We – two friends who beat us – is exactly what our adversaries of the whole world want to see.”
Trump has signed an executive decree authorizing an additional 25% rate on imports from Canada and Mexico, and an additional 10% rate on Chinese imports. Energy imported from Canada, including oil, natural gas and electricity, would be taxed for an additional 10%.
THE reprisals Canada imposes $ 155 billion in American products that came into force this morning. Canada said it would start with prices over $ 30 billion in American products, followed by 125 billion dollars in American products in 21 days.
“Our prices will remain in place until the American prices are withdrawn and not early,” said Trudeau.
The president of Mexico on Trump’s prices: “No one wins”
President Donald Trump and Canadian Prime Minister Justin Trudeau attend a NATO summit in December 2019 in Watford, England. Trudeau qualified Trump’s new prices on “very stupid” Trump prices on Tuesday. (Dan Kitwood / Getty Images / Getty Images)
The Canadian Prime Minister accused the Trump administration of having chosen to sabotage his own program, which was supposed to inaugurate a new “golden age” for the United States.
“The legal pretext that your government uses to bring these prices is that Canada apparently does not want to help fight illegal fentanyl. Well, that’s completely false,” Trudeau also said.
Trudeau told journalists that he expects to speak with Trump “in the coming days” on the prices.
Mexican President Claudia Sheinbaum holds a press conference to announce a response to American prices at the National Palace in Mexico City on March 4. (Reuters / Raquel Cunha / Reuters)
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“What he wants is to see a total collapse of the Canadian economy. Because it will facilitate the task of annexing us … Now, first of all, it will never happen. We will never be the 51st state. But yes, he can damage the Canadian economy. And he started this morning,” said Trudeau. “But he will quickly discover it because American families will discover that it will hurt people on both sides of the border.”
Landon Mion de Fox Business contributed to this report.
