2 MINS AGO: Trump GOES NUTS by Carney’s Tough Reaction – Here’s Why Trump’s Tariff Backfire

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**Breaking News: Tariff Tensions Escalate as Trump Faces Backlash from Canada**

In a dramatic escalation of trade tensions, President Trump’s controversial tariffs are igniting a fierce backlash from Canada, threatening to unravel decades of economic cooperation. Just days before a critical deadline, Canadian Foreign Minister Melanie Jolie has declared the U.S. tariffs a “direct attack” on Canadian workers, warning that if they aren’t lifted by July 21st, Ottawa will unleash retaliatory measures that could devastate U.S. industries.

Ford is already bracing for a staggering $2.5 billion hit, while Stellantis could see profits plummet by 75%. The stakes are high, and the clock is ticking. Canada is preparing to counter with a 25% tariff on steel and crippling export bans on hydro power and aluminum that feed U.S. manufacturing. As tensions rise, the once-strong trade relationship between the two nations now resembles a battlefield, with both sides poised for a showdown.

Trump’s administration, invoking a Cold War-era trade law, has imposed a blanket 35% tariff on all Canadian goods, a move that has sent shockwaves through the markets. Foreign investors are fleeing U.S. treasuries, and the automotive industry is already feeling the pinch. With copper prices soaring and supply chains disrupted, the ripple effects are palpable. Consumers could soon see sticker prices jump by as much as $7,000 on new vehicles, while construction costs for homes soar by nearly $11,000.

As the July 21st deadline looms, the pressure is mounting. Will Washington relent, or will Canada retaliate with devastating force? The economic fallout could reverberate far beyond the border, impacting jobs and prices across North America. The next move is crucial, and the world is watching as this high-stakes game of economic chess unfolds. Time is running out, and the consequences of inaction could be catastrophic for both nations.