CTV News’ chief political correspondent Vassy Kapelos says Canada was notified this morning by the U.S. that China, Mexico and Canada will be subject to tariffs: 25 per cent across the board with the exception of energy, which will be 10 per cent.
It would take effect on Tuesday and would be in place until the fentanyl overdose issue is sorted.
Minister of Intergovernmental Affairs Dominic LeBlanc and Prime Minister Justin Trudeau will announce a Canadian response at 6 p.m. ET tonight.
A senior government source tells CTV News that Ottawa is expecting something formal at 2 p.m. EST. Cabinet is set to meet at 3 p.m. EST.
FDT!
Wait until we have interstate tariffs
Canada sells $108.3 billion of O&G to America at a discount.
Guaranteed that discount disappears and at minimum there will be 10% tacked onto what America pays.
Why isn’t fentanyl on there? Should be right at the top
Come on
Sarcasm, in case that’s not clear
It would take effect on Tuesday and would be in place until the fentanyl overdose issue is sorted.
So forever then
What, are those dipshits now saying fentanyl comes from Canada too!?
APPARENTLY! Barely any realistically comes from our side though. A bigger issue is American guns crossing over from the US…
That’s been front and center.
And that it’s somehow Canada’s responsibility to police what enters the USA.
The average American is going to get fleeced. American corporations suddenly got rid of the competition
Trump just killed the N. American auto industry. You can’t remake all the supply chain lines overnight. Some parts cross the border multiple times, meaning way more than a 25% tariff in the end. Asian car companies are going to take over.
Agreed. I’m an import buyer in the auto industry. There’s no one in the us that makes some of these parts. He just made China more attractive now. It will take at least 6 months to retool and go thru sampling process.
Liberal racist fearmongering while complaining about Trump’s racist fearmongering.
You can’t make this shit up, folks.
Jesus fuck, bruh.
i took it more of a ‘destruction on the us economy’ type comment without racist undertones.
Is calling a car company American racist too?
https://www.nytimes.com/2025/01/28/business/general-motors-trump-mexico-canada-tariffs.html
General Motors executives are closely tracking President Trump’s plans to impose tariffs on imports from Canada and Mexico, but the company is not yet making any major changes to its strategy in North America in response to the threatened tariffs.
The automaker has pulled together an “extensive playbook” of possible options but won’t put them in place “until the world changes dramatically, and we see a permanent level of tariffs going forward,” the company’s chief financial officer, Paul Jacobson, told reporters in a conference call on Monday evening.
“I won’t go into the details exactly but we’ve been preparing for that and want to make sure that we are prudent and don’t overreact,” he added.
Mr. Trump said last week that he planned to impose tariffs of 25 percent on goods from Canada and Mexico starting on Saturday, Feb. 1. If he followed through on those plans, the tariffs would deal a big blow to G.M. and other automakers that produce vehicles and components in those countries, and probably increase the prices of many vehicles sold in the United States.
G.M. produced nearly 900,000 vehicles in Mexico in 2024, more than any other carmaker, and most of those were shipped to the United States. Among them are the Chevrolet Silverado and GMC Sierra pickup trucks, as well as the Chevrolet Equinox sport-utility vehicle — all top-sellers and big sources of profit for the company. It also produces some Silverados and electric delivery vans in Canada.
It sounds like GM is saying that they expect that the tariffs may be short-lived.
Trump has, from what I’ve read, stated that the tariffs will be in place until Canada and Mexico address the fentanyl crisis. I have not seen any concrete conditions, or any suggestion that he attempted to negotiate using the threat of tariffs, both of which I would expect if he had policy concessions he wanted.
In the past, Trump has repeatedly made vague and not very accurate assertions that his policies were extremely successful, including those that had little or negative impact. For example, he declared that he got rid of NAFTA, which was a “horrible deal”, when his base didn’t like it, and replaced it with the USMCA, which was essentially the same free trade agreement with some minor tweaks and a new name. The typical voter doesn’t look at the specifics of US FTAs or statistics in general, so Trump was able to give them the impression that he had dramatically altered the situation in ways they wanted, while not doing so.
So if you figure that he declares that his fentanyl policy is a great success, pulls the tariffs after a short period of time, maybe does the “cut a check with his name on it” stunt that he did with the economic stimulus stuff, this time using funds from tariffs, he might manage to convince supporters that he’s done something substantive without needing to do much, score political points. Same as with The Wall that was the centerpiece of his first campaign and never quite happened or the aforementioned NAFTA changes.
It sounds like GM is saying that they expect that the tariffs may be short-lived.
To me, it sounds like GM has no plan and they hope the tariffs are short-lived.
Trump is putting a tariff on Canada and Mexico to pay for his up coming tax cuts. He’s not smart enough to see that this won’t work and will cause a disaster.
Canada and Mexico should work together and add a 25% export fee to oil. I wonder how long these idiots stay in power if gas is $7 or more a gallon.
I might be the only Canadian brave enough to say this, but I don’t think y’all are going hard enough on the tariffs. Too many countries have taken advantage of you. You need to slap a minimum 100% tariff on all these countries ASAP:
Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia Australia Austria Azerbaijan The Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Central African Republic Chad Chile China Colombia Comoros Democratic Republic of the Congo Republic of the Congo Costa Rica Croatia Cuba Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Eswatini Ethiopia Fiji Finland France Gabon The Gambia Georgia (country) Germany Ghana Greece Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hungary Iceland India Indonesia Iran Iraq Republic of Ireland Islamic Republic of Afghanistan Israel Italy Ivory Coast Jamaica Japan Jordan Kazakhstan Kenya Kiribati Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Mauritania Mauritius Mexico Federated States of Micronesia Moldova Monaco Mongolia Montenegro Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands New Zealand Nicaragua Niger Nigeria North Korea North Macedonia Norway Oman Pakistan Palau Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Qatar Romania Russia Rwanda Saint Kitts and Nevis Saint Lucia Saint Vincent and the Grenadines Samoa San Marino São Tomé and Príncipe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Sweden Switzerland Syria Tajikistan Tanzania Thailand Timor-Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Tuvalu Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela Vietnam Yemen Zambia Zimbabwe
If you do this, your government will collect more money than it’s ever seen and all your problems will be solved.
He is solving inflation in the US by jacking up prices. He is a genius!
United States
100% tariff on ourself. Hell yeah!
Next stop, interstate tariffs
Peace love and Pennsylvania turnpike!
It’ll go straight to the billionaire class
