Americas
Trump’s Tariff Whiplash Is Designed to Sow Chaos, Trudeau Says
- Order for April 1 border review came with Feb. 1 tariff threat
- Canada prime minister supports ‘dollar-for-dollar’ retaliation
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US President Donald Trump is trying to create uncertainty in his trading partners to knock them off-balance and weaken their negotiating position, Canadian Prime Minister Justin Trudeau said.
Trump caused volatility in currency markets by signaling Monday evening that his administration might impose tariffs of as much as 25% on Mexico and Canada as early as Feb. 1. That timeline appeared to conflict with an executive order he signed that directed US officials to review trade and border relationships and report back by April 1.