
Canada is facing the looming threat of 25% tariffs from President Donald Trump, set to be imposed on February 1. Outgoing Prime Minister Justin Trudeau and Alberta's Premier Danielle Smith are optimistic that Canada, as an energy superpower, can provide the oil and critical minerals essential for the U.S. economy. However, Ontario Premier Doug Ford predicts an inevitable trade war.
Ford expressed his determination to defend Canada's economy against what he perceives as an economic war declared by Trump. Trudeau emphasized that Canada is prepared to retaliate if necessary, citing successful renegotiations during Trump's first term.