As Trump takes office, Canadians breathe a sigh of relief with no tariff threats mentioned, but uncertainty still lingers over trade relations.
Ottawa: So, Trump got sworn in again, right? And guess what? He didn’t even mention Canada during his speech on January 20, 2025. Canadians were all ears, waiting for any hint about tariffs or trade issues, but they were left hanging.
He’s back as the 47th president, and he’s talking about a “golden age of America.” Sounds grand, but folks up north were just hoping he wouldn’t throw Canada under the bus. His speech touched on a bunch of topics, but Canada? Not a peep.
Canadians were relieved, but they still remember his past threats about tariffs. Some were worried he might still have something up his sleeve. But hey, no mention of Canada was a win, right?
Trump did talk about expanding U.S. territory, which raised some eyebrows. He’s got big plans, but Canada wasn’t on his radar this time. That’s a relief for many, especially with all the chatter about trade wars.
Before the inauguration, there were rumors he wouldn’t slap tariffs on Canada right away. Instead, he’s looking into trade deficits and unfair practices from other countries. So, maybe he’s taking a different approach this time.
Canadians are mixed on this. Some think he’s just bluffing about tariffs, while others are still on edge. It’s like a game of poker, and no one knows what cards he’s holding.
In his speech, he did mention overhauling the trade system to protect American workers. So, while Canada wasn’t directly targeted, the threat of tariffs still looms in the background.
Experts are saying if he does go ahead with tariffs, it could hit the Canadian economy hard. We’re talking potential recession and a big hit to GDP. Ontario is even considering cutting off energy exports as a counter-move.
So, while it’s nice that Canada wasn’t mentioned, the trade game is far from over. Everyone’s watching closely to see what Trump will do next.
