BREAKING NEWS: Trump tariffs on Canada delayed until March 1
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彼得森研究所估计，特朗普提议的关税将使美国普通家庭每年损失超过 2,600 美元。
前财政部长Freeland说必须全面反击，建议给特斯拉加征100%关税。
Here’s what else you should know about the proposed tariffs:
Impacts: Trump’s proposed tariffs could add $272 billion a year to tax burdens, according to Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions. The Peterson Institute has estimated Trump’s proposed tariffs would cost the typical US household over $2,600 a year.
Trump conceded Friday that there could be “short-term disruption” to everyday consumer prices due to the tariffs, but he dismissed market concerns around the move.
“There could be some temporary, short-term disruption, and people will understand that,” Trump said Friday when pressed by reporters on the cost of tariffs being passed on to importers — and therefore, consumers and not the outgoing country — and how he could expect everyday prices to come down.
“But the tariffs are going to make us very rich and very strong — and we’re going to treat other countries very fairly,” he continued.
Canada’s response: Canadian Prime Minister Justin Trudeau warned that Canada would have a “forceful and immediate response” to Trump’s imposed tariffs. He added that he met with the Canada-US Council and is “working hard to prevent these tariffs.”
Canadian officials are expected to meet Friday with White House border czar Tom Homan in a bid to reach a deal that would stave off the proposed tariffs, according to two sources familiar with the meeting.
Canada’s ex-finance minister and deputy prime minister Chrystia Freeland, who is now running to replace Trudeau as leader of the ruling Liberal Party, said that Canada “must hit back — dollar for dollar — starting with 100% tariffs on all Tesla vehicles and U.S. wine, beer, and spirits” in a statement on X.
Jonathan Wilkinson, Canadian energy and natural resources minister, told CNN that Trump’s impending plan “makes very little sense.” As “countries that historically have been very much best friends. I find it very, very strange,” Wilkinson said. However, he said Canada is ready to respond, though he called it a lose-lose situation for both American and Canadian consumers.
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要是数据准确，美国损失的绝对值大于加拿大啊。。。加拿大商会的分析，25% 的关税可能：
导致加拿大的 GDP 缩水 2.6%，加拿大家庭平均每年损失 1,900 美元
导致 美国的 GDP 下降 1.6%，美国家庭平均每年损失 1,300 美元。
DEVELOPING: Trump gives details on tomorrow’s tariffs
By Rachel Aiello
Updated: January 31, 2025 at 4:13PM EST
Published: January 31, 2025 at 9:53AM EST
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White House Press Secretary Karoline Leavitt confirmed that the 'promises' of tariffs being imposed on Feb. 1 for Canada and Mexico will be kept.
U.S. President Donald Trump told reporters on Friday nothing can be done by Canada, Mexico and China to forestall tariffs and vowed to tariff items such as chips, oil and gas.
Trump added that tariffs on oil and gas are likely by Feb. 18.
Earlier in the day, the White House said Trump on Saturday will implement tariffs of 25 per cent on Canadian and Mexican imports and 10 per cent on Chinese goods with immediate effect.
This is a breaking news update. Previous story continues below.
(Reporting by Reuters’ Trevor Hunnicutt and Nandita Bose in Washington)
U.S. President Donald Trump will be implementing a 25 per cent tariff on Canada tomorrow, according to his chief spokesperson.
White House Press Secretary Karoline Leavitt confirmed the news during a briefing with reporters, stating that a Reuters report citing three sources indicating the president would be delaying tariffs until March 1, was “false.”
“I was just with the president in the Oval Office, and I can confirm that tomorrow, the Feb. 1 deadline that President Trump put into place… continues,” she said.
“The president will be implementing tomorrow a 25 per cent tariff on Mexico, 25 per cent tariffs on Canada, and a 10 per cent tariff on China for the illegal fentanyl that they have sourced and allowed to distribute into our country which has killed tens of millions of Americans,” she said.
“These are promises made and promises kept by the president.”
When asked about Prime Minister Justin Trudeau comments this morning that Canada would put forward retaliatory tariffs, Leavitt indicated Trump would respond to Trudeau’s comments “in due time.”
“I think Justin Trudeau would be wise to talk to President Trump directly before pushing outlandish comments like that to the media,” she said.
Reuters had reported that the tariff imposition would include a process for the countries to seek specific exemptions for certain imports, but that no decision was final until Trump makes a public announcement.
Asked if there is a scenario where Canada, Mexico and China could offer concessions, Leavitt said Trump is clear the tariffs will be implemented, but if he at any time “decides to roll back those tariffs,” she’d “leave it to him to make that decision.”
“But starting tomorrow, those tariffs will be in place.”
No official word: Canadian source
According to a senior Canadian government source the federal government has yet to receive any official word or confirmation on the tariff imposition timeline from the Trump administration.
Speaking earlier on Friday in response to Trump’s Thursday assertion that he was ready to hit Canada with tariffs on Saturday, Trudeau said Canada is ready to respond.
Regardless of when the imposition occurs, the prime minister said that the country could be in for hard times.
“I won’t sugar coat it. Our nation could be facing difficult times in the coming days and weeks,” Trudeau said Friday.
“I know Canadians might be anxious and worried. I want them to know the federal government, and indeed, all orders of government have their backs,” Trudeau said, speaking ahead of a meeting of with his Canada-U.S. relations council in Toronto.
Even in making these remarks, the prime minister couched what Canada is expecting, stating that his understanding is Trump “is still committed to placing tariffs on Canada starting as early as tomorrow, possibly.”
Amid the conflicting messages from Trump and his pick for commerce secretary Howard Lutnick in recent days, Trudeau said while Canada still does not know precisely what could be coming, “we’re ready with… a purposeful, forceful but reasonable, immediate response.”
The federal government has a three-round retaliation planned, which would start by singling out a small list of American-made consumer products such as Kentucky bourbon and Florida orange juice.
This targeting would be followed by tariffs on a longer list of U.S. goods worth $37 billion, and then if needed, Canada would hit an additional $110 billion in manufacturing and other products with trade action.
Beyond this, the federal government is also planning a potentially pandemic-sized stimulus package to help businesses, but the scale of that relief would depend on the scope of what Trump dishes out.
How tariffs will hurt on both sides
“We’re in a critical moment,” the prime minister said of the looming trade war with Canada’s biggest trading partner, noting such action would have a detrimental impact on both countries’ deeply-linked economies.
According to analysis from the Canadian Chamber of Commerce, a 25 per cent tariff could shrink Canada’s GDP by 2.6 per cent and cost Canadian households an average of $1,900 annually.
South of the border, it would result in a 1.6 per cent GDP drop, and an average $1,300 hit to American households.
“It’s not what we want, but if he moves forward, we will also act,” Trudeau said.
Daily, $3.6 billion in goods cross the Canada-U.S. border, and Canada is the top export market for 34 U.S. states, sustaining millions of jobs and businesses.
Canada’s border plan pitch falling short?
Leavitt’s Friday comment reiterate Trump’s assertion Thursday that he intended to follow through on his threat to impose punishing tariffs on Canadian imports on Saturday, despite efforts by the federal government to address the commander-in-chief’s concerns by fortifying the border with a $1.3 billion plan.
As reasoning for moving ahead with tariffs, the president pointed to illegal drugs and migrants crossing the border, suggesting Canada’s last-ditch lobbying efforts – both in D.C and through texts to top Trump officials – to promote its bolstered security measures haven’t gotten through to Trump.
Reiterating the steps Canada has taken to respond to the Americans’ border security concerns so far, Trudeau said the first patrol helicopters began monitoring the border earlier this week, and new canine teams and imaging tools are being deployed to detect and stop the flow of fentanyl.
“Our border is safe and secure, and less than one per cent of fentanyl and illegal crossings into the United States come from Canada. We’re committed to keeping it that way,” Trudeau said.
Federal cabinet ministers are continuing their outreach efforts in Washington on Friday, hoping to convince Republican lawmakers to hold off.
These efforts come as the Wall Street Journal reported late Thursday that Trump’s aides were considering offramps for the president to make a deal to dial back the Canada-Mexico tariffs.
‘Treated us very unfairly’
The president on Thursday also pointed to what he considers the “massive subsidies … in the form of deficits,” referencing the trade deficit between Canada and the United States.
“Mexico and Canada have never been good to us on trade,” Trump told reporters in the Oval Office on Thursday. “They’ve treated us very unfairly on trade.”
Trump initially threatened in late November to impose across-the-board 25 per cent tariffs on all imports from Canada and Mexico on “day one” of his second term.
That didn’t happen. Instead, he signed an executive order initiating a study on broader trade practices, to be completed by April 1, and then later throwing out Feb. 1 as the implementation date for border-related tariffs.
On Thursday, Trump added: “Those tariffs may or may not rise with time,” and indicated he was still making up his mind about whether oil would be carved-out of the sweeping trade action.
Trump is expected to sign additional executive orders at 3 p.m. ET in the Oval Office, and it’s possible he’ll have more to say about his next steps on tariffs at that time.
Trudeau said that regardless of what’s coming, Canada “won’t back down.”
“We won’t relent until tariffs are removed. And of course, everything is on the table.”
This is a developing story, check back for updates.
With files from Reuters, CTV News’ Luca Caruso-Moro, Spencer Van Dyk, and Stephanie Ha
DEVELOPING: Trump gives details on tomorrow’s tariffs
U.S. President Donald Trump told reporters on Friday nothing can be done by Canada, Mexico and China to forestall tariffs and vowed to tariff items such as chips, oil and gas.www.ctvnews.ca
加拿大人民勒紧裤腰带，争取战胜美帝。。。让他们先投降……
才1900美元，如果只敢把四千多亿的出口10%来加征，那不才190美元损失，大失所望啊。加拿大商会的分析，25% 的关税可能：
导致加拿大的 GDP 缩水 2.6%，加拿大家庭平均每年损失 1,900 美元
导致 美国的 GDP 下降 1.6%，美国家庭平均每年损失 1,300 美元。
DEVELOPING: Trump gives details on tomorrow’s tariffs
By Rachel Aiello
Updated: January 31, 2025 at 4:13PM EST
Published: January 31, 2025 at 9:53AM EST
This ad will end in 6 seconds
Learn more
00:09 / 00:15
White House Press Secretary Karoline Leavitt confirmed that the 'promises' of tariffs being imposed on Feb. 1 for Canada and Mexico will be kept.
U.S. President Donald Trump told reporters on Friday nothing can be done by Canada, Mexico and China to forestall tariffs and vowed to tariff items such as chips, oil and gas.
Trump added that tariffs on oil and gas are likely by Feb. 18.
Earlier in the day, the White House said Trump on Saturday will implement tariffs of 25 per cent on Canadian and Mexican imports and 10 per cent on Chinese goods with immediate effect.
This is a breaking news update. Previous story continues below.
(Reporting by Reuters’ Trevor Hunnicutt and Nandita Bose in Washington)
U.S. President Donald Trump will be implementing a 25 per cent tariff on Canada tomorrow, according to his chief spokesperson.
White House Press Secretary Karoline Leavitt confirmed the news during a briefing with reporters, stating that a Reuters report citing three sources indicating the president would be delaying tariffs until March 1, was “false.”
“I was just with the president in the Oval Office, and I can confirm that tomorrow, the Feb. 1 deadline that President Trump put into place… continues,” she said.
“The president will be implementing tomorrow a 25 per cent tariff on Mexico, 25 per cent tariffs on Canada, and a 10 per cent tariff on China for the illegal fentanyl that they have sourced and allowed to distribute into our country which has killed tens of millions of Americans,” she said.
“These are promises made and promises kept by the president.”
When asked about Prime Minister Justin Trudeau comments this morning that Canada would put forward retaliatory tariffs, Leavitt indicated Trump would respond to Trudeau’s comments “in due time.”
“I think Justin Trudeau would be wise to talk to President Trump directly before pushing outlandish comments like that to the media,” she said.
Reuters had reported that the tariff imposition would include a process for the countries to seek specific exemptions for certain imports, but that no decision was final until Trump makes a public announcement.
Asked if there is a scenario where Canada, Mexico and China could offer concessions, Leavitt said Trump is clear the tariffs will be implemented, but if he at any time “decides to roll back those tariffs,” she’d “leave it to him to make that decision.”
“But starting tomorrow, those tariffs will be in place.”
No official word: Canadian source
According to a senior Canadian government source the federal government has yet to receive any official word or confirmation on the tariff imposition timeline from the Trump administration.
Speaking earlier on Friday in response to Trump’s Thursday assertion that he was ready to hit Canada with tariffs on Saturday, Trudeau said Canada is ready to respond.
Regardless of when the imposition occurs, the prime minister said that the country could be in for hard times.
“I won’t sugar coat it. Our nation could be facing difficult times in the coming days and weeks,” Trudeau said Friday.
“I know Canadians might be anxious and worried. I want them to know the federal government, and indeed, all orders of government have their backs,” Trudeau said, speaking ahead of a meeting of with his Canada-U.S. relations council in Toronto.
Even in making these remarks, the prime minister couched what Canada is expecting, stating that his understanding is Trump “is still committed to placing tariffs on Canada starting as early as tomorrow, possibly.”
Amid the conflicting messages from Trump and his pick for commerce secretary Howard Lutnick in recent days, Trudeau said while Canada still does not know precisely what could be coming, “we’re ready with… a purposeful, forceful but reasonable, immediate response.”
The federal government has a three-round retaliation planned, which would start by singling out a small list of American-made consumer products such as Kentucky bourbon and Florida orange juice.
This targeting would be followed by tariffs on a longer list of U.S. goods worth $37 billion, and then if needed, Canada would hit an additional $110 billion in manufacturing and other products with trade action.
Beyond this, the federal government is also planning a potentially pandemic-sized stimulus package to help businesses, but the scale of that relief would depend on the scope of what Trump dishes out.
How tariffs will hurt on both sides
“We’re in a critical moment,” the prime minister said of the looming trade war with Canada’s biggest trading partner, noting such action would have a detrimental impact on both countries’ deeply-linked economies.
According to analysis from the Canadian Chamber of Commerce, a 25 per cent tariff could shrink Canada’s GDP by 2.6 per cent and cost Canadian households an average of $1,900 annually.
South of the border, it would result in a 1.6 per cent GDP drop, and an average $1,300 hit to American households.
“It’s not what we want, but if he moves forward, we will also act,” Trudeau said.
Daily, $3.6 billion in goods cross the Canada-U.S. border, and Canada is the top export market for 34 U.S. states, sustaining millions of jobs and businesses.
Canada’s border plan pitch falling short?
Leavitt’s Friday comment reiterate Trump’s assertion Thursday that he intended to follow through on his threat to impose punishing tariffs on Canadian imports on Saturday, despite efforts by the federal government to address the commander-in-chief’s concerns by fortifying the border with a $1.3 billion plan.
As reasoning for moving ahead with tariffs, the president pointed to illegal drugs and migrants crossing the border, suggesting Canada’s last-ditch lobbying efforts – both in D.C and through texts to top Trump officials – to promote its bolstered security measures haven’t gotten through to Trump.
Reiterating the steps Canada has taken to respond to the Americans’ border security concerns so far, Trudeau said the first patrol helicopters began monitoring the border earlier this week, and new canine teams and imaging tools are being deployed to detect and stop the flow of fentanyl.
“Our border is safe and secure, and less than one per cent of fentanyl and illegal crossings into the United States come from Canada. We’re committed to keeping it that way,” Trudeau said.
Federal cabinet ministers are continuing their outreach efforts in Washington on Friday, hoping to convince Republican lawmakers to hold off.
These efforts come as the Wall Street Journal reported late Thursday that Trump’s aides were considering offramps for the president to make a deal to dial back the Canada-Mexico tariffs.
‘Treated us very unfairly’
The president on Thursday also pointed to what he considers the “massive subsidies … in the form of deficits,” referencing the trade deficit between Canada and the United States.
“Mexico and Canada have never been good to us on trade,” Trump told reporters in the Oval Office on Thursday. “They’ve treated us very unfairly on trade.”
Trump initially threatened in late November to impose across-the-board 25 per cent tariffs on all imports from Canada and Mexico on “day one” of his second term.
That didn’t happen. Instead, he signed an executive order initiating a study on broader trade practices, to be completed by April 1, and then later throwing out Feb. 1 as the implementation date for border-related tariffs.
On Thursday, Trump added: “Those tariffs may or may not rise with time,” and indicated he was still making up his mind about whether oil would be carved-out of the sweeping trade action.
Trump is expected to sign additional executive orders at 3 p.m. ET in the Oval Office, and it’s possible he’ll have more to say about his next steps on tariffs at that time.
Trudeau said that regardless of what’s coming, Canada “won’t back down.”
“We won’t relent until tariffs are removed. And of course, everything is on the table.”
This is a developing story, check back for updates.
With files from Reuters, CTV News’ Luca Caruso-Moro, Spencer Van Dyk, and Stephanie Ha
DEVELOPING: Trump gives details on tomorrow’s tariffs
U.S. President Donald Trump told reporters on Friday nothing can be done by Canada, Mexico and China to forestall tariffs and vowed to tariff items such as chips, oil and gas.
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那你觉着GDP缩水2.6%算小吗？
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