Canada condemns Trump's tariff threat as officials warn of economic impact
Canadian officials criticized President-elect Donald Trump's plan to impose tariffs on imports from Canada, Mexico, and China. Ontario Premier Doug Ford called Trump's comparison of Canada to Mexico "insulting" and warned of potential retaliation. Prime Minister Justin Trudeau plans an emergency meeting with provincial leaders to address the situation. The Canadian dollar fell sharply following Trump's announcement, which aims to combat illegal immigration and drugs. Canada's trade with the U.S. is significant, with 77% of Canadian exports going to the U.S. Concerns are rising over the impact of tariffs on jobs and the integrated North American auto industry.