Trump Threatens 25% Border Tax on Canadian and Mexican Goods

Yesterday, at the Oval Office, Trump made headlines by reiterating his threat to impose a hefty 25% border tax on goods from Canada and Mexico. However, amidst all the speculation, he hinted that oil might be exempt from this tax. The decision was supposed to be made last night, but as of this morning, there have been no updates.

Debunking Myths About US-Canada Trade Relations

While Trump claims that the US can sustain itself without Canadian resources, industry experts from Alberta beg to differ. One energy analyst, as reported by CTV News, emphasized the importance of exempting oil from Trump’s tariffs. He believes that picking a fight over oil serves no benefit to the US.

  • Insight: Alberta had $127 billion worth of energy exports to the US last year, accounting for 82% of the province’s trade with America.

An Inspiring Call to Action

As the situation unfolds, Alberta Premier Danielle Smith’s office is closely monitoring developments. The premier has reiterated her call for Canada to appoint a border to handle such trade matters. Stay tuned for more updates as we navigate through these uncertain times and work towards sustainable trade relations with our neighbors.

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