News of Bahrain
Business17 December 20242 min read

Canada deputy PM quits over rift with Trudeau on Trump tariffs

Deputy Prime Minister Chrystia Freeland in a surprise announcement on Monday quit over disagreements with Justin Trudeau on Canada's response to US President-elect Donald Trump's tariff threats. "Our country today faces a grave challe

Editorial Team Legacy

Published 17 December 2024, 8:00 · Updated 18:13

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Canada deputy PM quits over rift with Trudeau on Trump tariffs

AFP | Ottawa

Email : editor@newsofbahrain.com

Deputy Prime Minister Chrystia Freeland in a surprise announcement on Monday quit over disagreements with Justin Trudeau on Canada’s response to US President-elect Donald Trump’s tariff threats.

“Our country today faces a grave challenge,” Freeland, who also served as finance minister, said in a letter posted on X, pointing to Trump’s planned 25 percent tariffs on Canadian imports.

“For the past number of weeks, you and I have found ourselves at odds about the best path forward for Canada,” she added.

First elected to parliament in 2013, Freeland joined Trudeau’s cabinet two years later when the Liberals swept to power, overseeing several key posts including as trade and foreign minister, and leading free trade negotiations with the EU and United States.

But she said in her resignation letter Trudeau wanted to shuffle her to another job, to which she said: “I have concluded that the only honest and viable path is for me to resign from the cabinet.”

As finance minister, Freeland explained the need to take Trump’s tariffs threats “extremely seriously.”

“That means keeping our fiscal powder dry today, so we have the reserves we may need for a coming tariff war. That means eschewing costly political gimmicks, which we can ill afford and which make Canadians doubt that we recognize the gravity of the moment.”

Canada’s main trading partner is the United States, with 75 percent of its exports going to its southern neighbor.

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