Trudeau warns Trump's tariff plan will raise prices for Canadians and Americans

Canada's Prime Minister Justin Trudeau has responded to President-elect Donald Trump's plan to impose tariffs on Canada and Mexico. Trudeau warned that these tariffs would increase prices for both Canadian and American consumers and harm industries in both countries. Trump's proposed tariffs include a 25% tax on goods from Canada and Mexico, citing concerns over illegal immigration and drug trafficking. Trudeau emphasized the importance of cooperation, recalling their previous successful negotiations during Trump's first term. While Canada has not yet imposed its own tariffs, officials are considering retaliatory measures. Mexico's President Claudia Sheinbaum has also indicated that her country would respond with tariffs if Trump's plan is enacted.