Donald Trump has levelled his most severe threat against Canada in years, warning that on his very first day on office he might impose punishing economic sanctions across North America.
The U.S. president-elect threatened Monday evening to slap a 25 per cent import tariff on all products entering the country from Canada and Mexico on Jan. 20, 2025, his inauguration day.
He delivered the warning via his social media platform Truth Social, in a post that began with a complaint about migration and drugs spilling across both the northern and southern border into the U.S. Then he foreshadowed a damaging import fee that would drive up costs for Canadian and Mexican exporters, making their products less attractive while also potentially raising costs for American consumers.
