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Trump’s economic threats ‘real,’ Canada will respond ‘seriously’: ministers

Trump’s economic threats ‘real,’ Canada will respond ‘seriously’: ministers

Global News
Wednesday, January 08, 2025 07:37:44 PM UTC

Several Canadian ministers responded to Donald Trump's latest economic threats, calling them 'real' and saying the federal government would respond 'seriously.'

Canadian cabinet ministers say the economic threats that U.S. president-elect Donald Trump is making are “real” and are being taken “very seriously.”

On Tuesday, Trump told reporters he was not backing down on tariffs, which he initially tied to demands for increased border security from both Canada and Mexico, saying “millions of people” were pouring into the U.S. and claiming drugs were coming through “at record numbers.”

“We’re going to make up for that by putting tariffs on Mexico and Canada, substantial tariffs,” Trump said.

The president-elect was asked whether he would use military force to “annex and acquire” Canada and responded: “No, economic force.”

That followed previous comments about making Canada a U.S. state.

Asked by reporters on Wednesday as they headed into a Liberal caucus meeting about Trump’s latest comments, multiple Canadian cabinet ministers said they believe his economic threats are “real.”

“We are taking it seriously and we will respond seriously as well,” International Trade Minister Mary Ng said. “We have to be concerned when tariffs and punishing tariffs are going to hurt the Canadian economy. You’ve seen us stand up for Canadian businesses all the time; we’ve never wavered from doing that, (and) we’ll not do that this time.”

Ng went on to say it’s not only Canadian jobs that would be harmed by tariffs, as Canada is a “top customer” for the U.S.

Read full story on Global News
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