11hon MSN
U.S. President Donald Trump says he'll impose sweeping global tariffs on Wednesday, but New Brunswick Premier Susan Holt says Prime Minister Mark Carney told provincial and territorial leaders that Canada is expected to sustain less damage than other trading partners.
Without advance notice to Canada, the U.S. president put the auto industry into turmoil with a 25 percent tariff.
President Donald Trump is set to gamble the success of his second term, the economy and the personal finances of millions of Americans this week on his long-held belief that tariffs can re-create a golden age of US wealth and independence.
When the chief executives of a couple hundred tourism marketing organizations from around the world convened for an annual summit this past week in Savannah, Ga., they addressed the elephant in the room — President Donald Trump’s taunting of Canada.
1hOpinion
Responsible Statecraft on MSNTrump should take the victory in Canada and move onThe election is all about dealing with the president's threats, and neither candidate right now is prioritizing damage control
The president told NBC News he 'couldn't care less' if tariffs raise some auto costs. He also addressed the shocking Signal chat leak and obtaining Greenland.
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The move - which comes as Trump has been making unprecedented use of presidential powers - is driven by his insistence that the world's biggest economy has been 'ripped off by every country in the world' and his conviction that reciprocal tariffs are needed to restore parity.