
Canadians waiting to see if Trump’s tariff threat materializes
WASHINGTON — Canadian officials are anxiously waiting to see if U.S. President Donald Trump follows through on his threat to slap Canada with devastating tariffs today.
Trump said Friday he is considering lowering tariffs on Canadian oil to 10 per cent after the White House confirmed he is going forward with 25 per cent levies on imports from Canada and Mexico.
Trump didn’t implement the duties against Canada on his first day back in office, as he’d promised to do.
But the president did not back away from his tariff threat and repeatedly suggested the duties would come on Feb. 1.