As Trump takes office, Canadians breathe a sigh of relief over no tariff threats
Washington: So, Trump got sworn in again, right? And guess what? He didn’t even mention Canada during his speech. Canadians were all ears, waiting for any hint about tariffs, but they were left hanging.
He kicked off his second term by talking about a “golden age of America” and all that jazz. He touched on a bunch of issues like the economy and immigration but skipped over Canada completely. It was a bit of a relief for folks up north.
People were worried he might bring up those tariff threats he’s known for. But nope, nothing about Canada at all. Just a lot of talk about expanding U.S. territory and some vague warnings about other countries.
Some Canadians were jokingly relieved that only Panama got the bad news in his speech. It seems like Trump is still playing his cards close to his chest when it comes to Canada.
Before the inauguration, there were whispers that he wouldn’t slap tariffs on Canada right away. Instead, he’s looking into trade deficits and unfair practices from other countries. So, it’s a bit of a mixed bag.
While he didn’t call out Canada directly, he did mention tariffs in a broader sense, saying he wants to protect American workers. But who knows what that really means for Canada in the long run?
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 thinking about cutting off energy exports if things get dicey.
So, while Canadians are breathing a sigh of relief for now, the future is still a bit uncertain. It’s a waiting game to see what Trump really has in store.
