Canada readies Trump tariffs response: 'in a trade war, there are no winners'

Contributing sentiments towards policy:

65% : AFTER TRUDEAU EXITAlberta Premier Danielle Smith met with Trump over the weekend.
52% : Beatty referred to the Tariff Act - commonly known as the Smoot-Hawley Tariff, which Congress passed in 1930 - that implemented protectionist trade policies.
50% : By comparison, foreign trade represented 25% of the U.S. gross domestic product, or economy, in 2023, according to World Bank data.
46% : "Beyond the tariff issue, Canada needs to prepare for the renegotiation of the United States-Mexico-Canada Agreement (USMCA), the 2020 successor to the North American Free Trade Agreement (NAFTA).
44% : Last October, Trump said that "upon taking office," he would notify Canada and Mexico of his "intention to invoke the six-year renegotiation provision of the USMCA that I put in," and as he told FOX Business Network anchor Maria Bartiromo in an interview, "make it a much better deal.
38% : "An independent expert group on Canada-U.S. relations, which Beatty co-chairs, has called for a "Canada-First" response to Trump, and that "Canada cannot simply yield to his every whim and demand," it said in a statement.
36% : Trudeau, on Friday, told CNN if Trump moves ahead with tariffs, Canada will respond like they did when Trump put tariffs on steel and aluminum several years ago.
27% : Reuters recently reported that Trump is considering the use of the International Economic Emergency Powers Act to declare a national economic emergency to justify the imposition of tariffs on Canada.

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