Trudeau warns Trump tariffs could harm U.S. industry and raise prices for Americans

Canadian Prime Minister Justin Trudeau warned that President-elect Donald Trump's proposed tariffs on Canadian goods would raise prices for Americans and harm U.S. businesses. Trump has threatened a 25% tax on products from Canada and Mexico to address illegal migration and drug trafficking. Trudeau emphasized that these tariffs could disrupt the recently renegotiated North American trade agreement. He noted that Canada is prepared to discuss border security but criticized the unfair comparison of Canada to Mexico regarding migration issues. In response to potential tariffs, Canada is considering retaliatory measures, although no decisions have been made. U.S. business groups have expressed concerns about inflation and rising prices if such tariffs are implemented.