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President Trump threatens up to 25% tariffs on Canadian goods, citing a large trade deficit.
US President Trump claimed at the World Economic Forum in Davos that the US does not need Canadian oil, gas, vehicles, or lumber, and threatened up to 25% tariffs on Canadian imports.
This comes amid a reported $200-$250 billion trade deficit with Canada.
Trump suggested the US could produce its own resources and even proposed Canada could become a US state to eliminate tariffs.
Canadian officials are considering retaliatory measures, including a "dollar-for-dollar" response.
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El presidente Trump amenaza con hasta un 25% de aranceles sobre los bienes canadienses, citando un gran déficit comercial.