Friday, September 12, 2025

Latest

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.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Ontario Blinks In Tariff Contest With US, Temporarily Suspends Energy Surcharge

Ontario’s trade gambit took a sudden turn when Premier Doug Ford announced that his province...

Wednesday, March 12, 2025, 10:49:00 AM

Canada Vows to Fight US Metal Tariffs

US President Donald Trump plans to impose a 25% tariff on steel and aluminum imports...

Wednesday, February 12, 2025, 03:51:00 PM

NDP’s Singh Proposes Critical Mineral Ban in US Trade Dispute

New Democratic Party leader Jagmeet Singh called on Monday for Canada to halt critical mineral...

Wednesday, January 15, 2025, 02:58:00 PM

More Trump Tariffs Coming: 25% On Steel And Aluminum

Tariffs are back after President Donald Trump announced that he will apply a 25% levy...

Monday, February 10, 2025, 03:50:00 PM

Ottawa Counters Trump’s Auto Tariffs With Relief Program

Canadian officials unveiled a plan Tuesday to exempt car manufacturers with ongoing operations in Canada...

Wednesday, April 16, 2025, 02:18:00 PM