Donald Trump : Donald Trump's big blow! Direct announcement of 100 percent tariff; Global markets shaken
Due to US President Donald Trump's 'America First' policy, trade instability has increased worldwide. Various countries are trying to become self-sufficient by finding alternatives to America, while Trump has imposed tariff weapons on many countries. Now he has directly threatened Canada, warning that if a trade deal is made with China, a 100% tariff will be imposed.
Trump imposed a 50% tariff on India to corner Russia and reduce the trade deficit with India, which significantly impacted India. Other countries have also had to bear the brunt of tariffs to varying degrees. Trump's displeasure with Canada is longstanding. He expresses the desire for Canada to become the '50th state' of America. A week ago, the Prime Minister of Canada went on a tour to China, and within days of that tour, Trump issued this threat.
"If Canada is making a trade deal with China, we will impose a 100 percent tariff on them," Trump clearly stated. This warning has shaken Canada. Due to Trump's strict policy, the future of global trade is entangled in uncertainty. It will be interesting to see how Canada will respond and how the US-Canada relations will be affected.
• Trump's direct threat to impose a 100 percent tariff
• Warning of action if Canada trades with China
• Instability in global trade due to 'America First' policy
• Potential significant impact on US-Canada relations
