After Justin Trudeau's resignation as Canada's Liberal party leader, largely due to declining popularity and impending election defeat, a significant backlash against the United States has emerged. Donald Trump's aggressive trade remarks and proposed tariffs, perceived as unjustified aggression, have galvanized Canadian nationalism. As Canadians respond with boycotts and increased national pride, the situation has economic implications amid chaotic trade relations. Trudeau's exit and ongoing tariffs threaten stability in cross-border trade and highlight the deepening rift between the two nations, complicating anticipated economic recovery following the COVID-19 pandemic.
After a decade in power, Mr Trudeau had become increasingly unpopular. Two out of three Canadians thought he was doing a bad job and with the Liberals staring at a 2025 general election defeat, Mr Trudeau's ministers forced him out.
His hostility to Canada is thus visceral and deep. Without any justification, he promised illegal 25% tariffs on all Canadian and Mexican imports, falsely claiming that Canada’s 5,000-mile border was an open door for migrants and drugs.
Mr Trump's aggression has backfired spectacularly, resulting in heightened Canadian national feeling, boycotts of US goods, and a significant decrease in Canadian tourism to the US.
Chaos continues with global economic implications as Mr Trump introduced tariffs in breach of the North American free trade agreement. While stock markets tanked, they showed slight recovery the following day.
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