Trudeau warns Trump's tariffs on Canada would raise prices for Americans

Prime Minister Justin Trudeau warned that President-elect Donald Trump's proposed tariffs on Canadian goods would increase 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, which he described as beneficial for both countries. He noted that Canada is prepared to invest in border security and engage in constructive discussions with Trump. In response to potential tariffs, Canada is considering retaliatory measures, although no decisions have been made. U.S. business groups have expressed concerns about rising inflation and the impact on various consumer goods.