Friday, August 1, 2025

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Poilievre: “Canada Must Hit Back With 50% Tariffs”

Pierre Poilievre, leader of the Conservative Party in Canada, demanded a swift and forceful response to President Donald Trump’s proposal to impose 50% tariffs on Canadian steel and aluminum prior to those tariffs being walked back.

“Common sense Conservatives strongly condemn President Trump’s latest unjust tariffs targeting Canadian steel and aluminum workers and manufacturers,” he wrote on social media.

He called for matching tariffs on US steel and aluminum imports “to protect Canadian steel and aluminum workers.”

“Our message to the US administration must be clear: do not mistake our kindness for weakness,” he stated. He also urged the government to consider further measures against what he called “illegal dumping and unfair trade practices by China,” and reiterated his opposition to a “massive new industrial carbon tax on Canadian steel and all other heavy industry.”

The Conservative leader’s remarks come as a Canadian official, speaking anonymously to Reuters, confirmed that Canada will announce roughly $29.8 billion in retaliatory tariffs against the United States. Meanwhile, the transition of power in Ottawa continues, with Mark Carney set to replace Justin Trudeau as prime minister. Come October or earlier, Carney is set to face Poilievre in a bid for the prime minister’s seat.

Separately, Ontario Premier Doug Ford announced his province’s decision to suspend the planned 25% electricity surcharge on exports to several US states in hopes of easing tensions. Ford described this as a temporary measure following conversations with US Commerce Secretary Howard Lutnick.

He also clarified that Ontario has “no interest” in discussions about statehood, saying, “We’re proud of our sovereignty. We will always stay as Canada.”

Overall, Poilievre has signaled that anything short of immediate retaliation would be insufficient.

“We will not falter in defence of our country,” he added, emphasizing that Canada needs a “Conservative government that will put Canada First.”


Information for this briefing was found via the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

  1. Why do Canadians pay so much and yet the US pay less per household. Surely Canadians should and must have a cheaper rate. It is a digrace that Canadians are overcharged by our own.

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