Canada’s energy minister came to Washington this week to warn U.S. lawmakers about President-elect Donald Trump’s tariffs threat on Canada: They’d inflict economic pain on Americans, with higher prices and job losses.
Jonathan Wilkinson, Canada’s minister of energy and natural resources, said he feels obligated to sound the alarm about the inflationary risks being created by a president who was elected in large part on the promise of bringing down prices.
“It will mean higher gas prices, it will mean higher food prices, it will mean higher natural gas prices for heating people’s homes,” he told The Associated Press on Wednesday. “It will mean higher electricity prices. That’s not something Donald Trump campaigned on. He campaigned on actually reducing the price of energy.”
Trump has threatened to impose sweeping 25% tariffs on Canada as well as on Mexico. He’s also threatened tariffs on China and Europe, creating a sense of uncertainty about whether this is simply a negotiating ploy or a massive restructuring of U.S. foreign relations.
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Canadian minister warns that Americans will experience economic pain from Trump tariffs
- by: FATIMA HUSSEIN, JOSH BOAK and CHRIS RUGABER
- 01.16.25
- Source:
AP News
- 01/16/2025
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