President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday remarks to the World Economic Forum in Davos. He also delivered a smattering of other misstatements and exaggerations about trade,
The 25% import levy could go into place as soon as Feb. 1.
The Chalk River Nuclear Facility is cited as the largest supplier of medical radioisotopes in the world. (Chalk River was taken out of service in 2018 but Canada remains the leader in the development of medical isotopes used in radiation treatment, with McMaster University’s nuclear reactor at the forefront).
Canada’s rapid population growth over the past few years brought headaches over housing and public services, but there is a bright side. According to CIBC deputy chief economist Benjamin Tal, because of this influx, the country’s population is much younger than it was four years ago and in the long run that could prove to be a major asset.
Addressing World Economic Forum attendees, President Donald Trump claimed the United States doesn’t need Canada’s cars, lumber, or oil. Yahoo Finance's senior reporter Pras Subramanian appears on Market Domination Overtime to discuss Trump’s trade stance,
President Donald Trump promised tax cuts for U.S.-based manufacturing and threatened tariffs on those who didn’t comply.
Donald Trump addressed the World Economic Forum in Davos via video link on Thursday. The US President demanded respect from other countries, including Canada and Mexico. Trump called on OPEC to lower the price of oil and threatened companies that do not produce in the USA with tariffs.
Liam Mooney, founder of an Ottawa-based design firm, made a hat emblazoned with "Canada is Not for Sale" in response to Trump's tariff threats and suggestions that Canada become the 51st U.S. state.
Donald Trump, who took oath as the 47th US President on January 20, has repeatedly referred to Canada as the “51st State”. He once said he will use “economic force” and not “military force” to acquire Canada.
Reiterating his previous warnings about economic hardships that Canada would face in case of a potential trade war with the US, Justin Trudeau said, “We all know the stakes here.”
The rush to curry Trump's favour makes clear just how much global leaders learned their lesson from his first term, when the quickest way to the president's heart was to offer investment