CTV National News: Canada Announces Retaliatory Tariffs Canada has officially declared retaliatory tariffs in response to recent trade disputes. These tariffs aim to balance the economic impact and protect Canadian industries. This move underscores Canada’s commitment to defending its interests amidst evolving global trade dynamics. tonight Donald Trump’s trade war against Canada the president slapping 25% tariffs on most Canadian exports the order has been signed but Canada isn’t taking it lying down the actions taken today by the White House split us apart instead of bringing us together how Team Canada’s tough talk will translate into action against an unpredictable president plus sounding the alarm Bell about the huge impact tariffs would have on on Canadian businesses but the industry will shut down within a week as some consumers are
vowing to push back and buy Canadian I would not buy any liquor from the states I won’t buy anything from the states anymore take my hands plus doing battle with dementia will tell you how a new treatment is trying to stop Alzheimer’s disease in its tracks and taking off into the clouds faster than the speed of sound there we are xb1 is sluice why this new jet has hopes flying high for the future of air travel and she’s airol CTV national news reporting tonight Todd Vander Haden good evening a trade war is likely
coming with the United States President Donald Trump plans to hit our country with a 25% tariff as of this coming Tuesday and Justin Trudeau promising Canada will be hitting back it means all Canadian products exported to the US would face a 25% tax except for oil and gas which face a 10% tax most of Canada’s exports are sent to the states so this would have a huge impact on the economy and possibly push Canada into a recession in a worst case scenario about $1.
CTV National News : Canada announces retaliatory tariffs
3 billion dollar in trade crosses the border each and every year at the heart of it seems to be the of illegal drugs which Donald Trump says Canada has to do more to stop we have extensive coverage tonight beginning with CTV genera bosom who is in Washington DC Jen taught as of Tuesday the longest undefended border in the world between longtime Partners will be a steep economic divide US president Donald Trump’s motorcade pulled into his Florida golf club on a day marking a major shift in US Canada relations Trump posted online that he was invoking the the
international emergency economic Powers Act and triggering tariffs this he says because of Canada’s failure to crack down on fontanel flowing across the border a 25% levy on Canadian Goods will go into effect at 12:01 a.m. eastern time Tuesday there’s an exception for energy the Tariff will be 10% on products like oil and gas for Mexico no carve outs 25% across the board on Chinese Imports to the US 10% the tariffs will be in place on until quote the fennel crisis alleviates look Mexico and Canada have never been good to us on
trade they’ve treated is very unfairly Trump’s tariffs dropped after weeks of speculation and breath holding economists have calculated those import taxes could lead to a 3% slowdown in economic growth in Canada this is going to be felt across the board so many sectors of the economy so many parts of the country um especially agriculture especially energy steel lumber products that Americans need to make America great again and some us business owners are concerned Linda schemer Wagner has sold women’s clothes in
Michigan for 15 years I don’t like what’s going on and I think people are going to be truly shocked at the pricing they’re going to see on the cars on the lumber on the clothes on the food this is this is going to be a mess along with the devastating blow Trump issued a warning that if the US Tri Partners retaliate tariffs will go up with this move Trump launched a trade war that could reshape the relationship between partners that Spann across a border for Generations Todd cob Jen via BOS in Washington Thanks Jen for that well the.
Trade War: Canada Announces Retaliatory Tariffs On US
chide government has spent the past two months trying to avoid a trade war with Trump but it seems their strategies haven’t worked ctv’s Jeremy Chiron is standing by in Ottawa and joins me live now with more Jeremy the Prime Minister saying tonight Canada will hit the US with a 25% tariff and retaliation and some tough words for what Trump is doing what do we know yeah to the Prime Minister announcing Canada’s retaliation just over an hour ago uh and he said or highlighted the fact that Donald Trump’s
actions violate the free trade agreement between the US Canada and Mexico as you’ve highlighted Canada is retaliating with 25% tariffs on $155 billion in Goods but it’ll come in two phases on Tuesday to align with the US tariffs Canada will uh roll out an initial list of tariffs on goods worth $30 billion 21 days later the federal government says to allow Canadian businesses time to find Alternatives they’ll R roll out a secondary list of tariffs targeting another 1225 billion uh dollars in Goods
that’s $155 billion uh in total what are those items we’ve learned some of them the full list has not come out yet they include American Beer wine and bourbon fruits and fruit juice veggies perfumes clothing shoes household appliances Furniture sports equipment materials as well Lumber and Plastics federal government also says it’s looking at non-tariff uh measures as well relating to CRI criminal or critical minerals uh and energy the Prime Minister also had a message today for Canadians on the.
Prime Minister Justin Trudeau announces Canada’s response
impact uh and the role they could play in all of this and now is also the time to choose Canada there are many ways for you to do your part it might mean checking the labels at the supermarket and picking Canadian-made products it might mean opting for Canadian Ry over Kentucky bourbon or forgoing Florida orange juice altogether it might mean changing your summer vacation plans to stay here in Canada now the Prime Minister also met with Premier today who have been part of this whole process meeting with the Prime Minister frequently many of them
speaking out in reaction here is what we’ve heard from the premier today Canada and Canadians love the US I love the US I love the American people we’re your closest Ally and trading partner your largest export destination in the entire world this is going to hurt Americans it’s going to hurt Canadians we’re going to see inflation happen down in the US and in Canada and it’s unjustified president Trump’s crushing 25% tariffs are a complete betrayal of the historic bond between our countries
it is Declaration of economic war against a trusted Ally and friend other Premier have weighed in as well Alberta Premier Danielle Smith taking to social media to say she is disappointed in Donald Trump’s decision when she says will harm Canadians and Americans alike adding that Alberto will do everything in its power to convince the US president Congress and the American people to reverse this mutually destructive policy Manitoba Premier web Cano says Trump’s tariff tax is an attack on Canada and who we are adding
CTV National News : Canada announces retaliatory tariffs it’s important for all Canadians to stand together to be United and federal conservative leader Pier POV says they condemn president Trump’s massive unjust and unjustified tariffs on Canada’s already weak economy calling on the Liberals to put aside their partisan interests and recall Parliament now to pass a Canada first plan now we know what the US tariffs look like we know what Canada’s response looks like we’ll expect to learn more through the next few days the big question remains is
what about that stimulus package CTV News has learned that the federal government is considering a significant stimulus package to help the businesses and the workers across this country that are most affected that is the biggest question that remains Todd how will the federal government help those people all right ctv’s Jeremy Chiron thanks Jeremy let’s get to the potential impact on all of this on Canadian businesses and consumers some of the most at risk in any trade War include our country’s
Automotive sector based in Ontario there are also worries about tariffs could mean for the already High Cost of Living in Canada cut’s ceil carol with that tonight the constant hum of machines making car parts is to Casey vasudeva’s ears most of what he crafts made of aluminum and steel so all of this gets sent to the US most of ends up in us that would now have a 25% tariff tacked on and it’s already resulted in business losses we just got a million dollar order from USA and we worked very hard on that
Read morehttps://newsbuzztoday.com/wp-admin/post.php?post=70&action=edit
order and I will have to go to my customer and tell them sorry I can’t ship you it wouldn’t be long until those increased prices caused by the tariffs would be seen at the car lot I think the each car will cost around $7 to $110,000 more do you think customers will pay that no tough to find anyone who would pay those additional costs the automaker isn’t going to eat that the customer isn’t going to eat that and so everybody’s going to put their tools down the industry will shut down within
a week the 25% tariffs would mean a lot of businesses stop selling to the US and only having Canadian customers could mean they’re forced to increase prices although it may be a matter of days until we see the Tariff War reflected on our grocery bills some are already proudly choosing to BU local not the US it’s get ID and boycotting American Goods not buy any liquor from the states I won’t buy anything from the states anymore today BC’s Premier said he’ll remove popular us brands of booze from
CTV National News : Canada announces retaliatory tariffs provincially run liquor stores and even took it a step further I’ve directed government and our Crown corporations like BC Hydro ICBC and health authorities to immediately stop buying American goods and services now with so many questions still remaining some manufacturers like this one are putting a pause on shipping Goods to the us until they get more answers Todd CV’s KL carol thanks KL all right let’s take a step back and what are the big takeaways our chief political correspondent ashy chapels joins us now from the capitol
ashy the Trudeau government bracing for this for months as you know we know Trump always unpredictable what’s the big takeaway here what do Canadians need to know I think the big takeaway is that we are in a a trade War as of this very moment and that the impact on our economy and our jobs and our ability to make a living will be significant it it probably won’t be immediate in the first few days but it will happen over time uh you talked about and some of our reporters talked about the estimates of
a contraction in the neighborhood of 3% that means millions of our jobs could be at stake because of the trade war that Donald Trump very clearly Donald Trump is launching on Canada and and I think it’s hard to overstate the impact of that Trump has talked about drugs particularly fennel we know the Trudeau government has been more at the border recently more manpower resources doesn’t seem like that’s enough for Trump at least not yet yeah I feel like we’re kidding ourselves if we believe the executive
order in what Donald Trump is saying here about this being tied to the Border take for instance some of the facts that Jeremy and others have laid out tonight we’re just a fraction when it comes to Illegal migration or fontanel of what overall in the aggregate is captured in the United States we are hardly anything compared to what’s happening on the Mexican border yet the punitive measures taken today 25% across the board are happening to both Canada and Mexico so I think it’s difficult to say in any real
read more:https://newsbuzztoday.com/wp-admin/post.php?post=70&action=edit
world sense that this is about the Border clearly Donald Trump wants to raise revenue through these tariffs to fund a lot of the things he’s promised to do which makes I think navigating our response all the more difficult just quickly Trump and Trudeau have long had a challenging relationship could any of this be personal vashy well I really think today very quickly Todd the fact that the Prime Minister admitted that he’s been trying to get a hold of Donald Trump since inauguration but obviously Trump hasn’t
CTV National News : Canada announces retaliatory tariffs picked up the call says all we need to know about that relationship right now our chief political correspondent ashy chapels in Ottawa thanks vashy well Trump’s tariffs are also front and center in the liberal leadership race some say the tariffs could result in the Liberals gaining support liberal strategists say that’s because Canadians are now more worried about Trump than about the carbon tax cctv’s Colton pal has that we don’t need what they have a simple message that’s upended the political landscape
for weeks Donald Trump’s tariff threat has dominated headlines and become a central issue in the liberal leadership race Donald Trump doesn’t like me very much I’m ready to stand up for Canada the ultimate poll is election date liberal strategists say it’s reframing what the context will be for the next election and they’re thinking about their own jobs their own pocketbooks but it’s certainly not the carbon tax anymore it’s going to be these existential impacts but after spending months
calling for a carbon tax election my my Common Sense plan will ask the tax for everyone forever conservatives disagree the assertion that people are abandoning the number one issue that is affecting them every single day uh which is the carbon tax is frankly prosperous recent polls have shown signs of life for the Liberals the latest Nana findings report a 3% jump for the party even with a new leader yet to be selected but right now the conservatives still sit firmly in majority territory and what we’re seeing is switching
between the conservatives and the Liberals which changes the game very quickly all this is top liberal leadership candidates are stepping back from a consumer carbon tax the Liberals haven’t gone anywhere what were the pros and cons of anything that we’ve done and how do we write the ship again conservatives argue when it comes to popular support Money Talks new Financial filing show last year the conservatives fundraised nearly $42 million about double that of the NDP and liberals combined Todd all right ctv’s
CTV National News : Canada announces retaliatory tariffs Colton pril thanks Colton this is of course a big story and for more coverage and Analysis on it go to our website ctvnews.ca all right in other news tonight it is still not clear what caused an air ambulance jet to crash last night in Philadelphia it happened shortly after takeoff and a doorbell camera capturing the moment the plane exploded as it hit the group all six people aboard the plane were killed along with one person on the ground in the densely populated neighborhood at least 19 others were
injured but that number is expected to rise the crash comes just two days after 67 people were killed in a midair collision between a passenger jet and a military helicopter in Washington DC all right coming up a winter wallop making life difficult I’m going back home because too hard to get on and off of the plus how a winter storm is blasting the Maritimes and who else is about to get hit plus the new treatment trying to help those dealing with Dementia the return of the calendar is ushered in a new month and a heavy dose
of nasty winter weather in many parts of Canada people are digging out on the east coast and in the west they’re bracing for a deep freeze one that could bring dangerously cold temperatures ctv’s Paul Hollingsworth has more from Halifax a Saturday snowfall left May digging out in Nova Scotia this senior fought the good fight and tried to catch a bus to go shopping and now I’m going back home because too hard to get on and off of the bus these city streets were clear without much snow for most of January it
took a couple of very late month weather systems to bring our snowfall totals up to the point where they didn’t set a record for least snowiest January that trend has changed and and winter weather has arrived with a heavy punch but right now hey it’s the dead of winter this snowy weather to kick off a new month here in the Maritimes is only part of the National Weather picture there are some frigid temperatures setting in in western Canada polar air is barreling towards British Columbia special weather
statements are in place from Environment Canada for many areas of BC with snow blowing snow and freezing temperatures in the forecast so in the Vancouver area the average temperatures for this time of the year are a daytime high of around 7 and an overnight low of around plus one by the start of next week by Monday Vancouver areas looking at daytime highs Close to zero and overnight low temperatures down into the minus double digits Vancouver has opened additional shelters and warming centers we have over 100 vehicles that we can deploy for
winter maintenance in addition to that we also have 100 Personnel that we’re able to deploy for a winter response look for those cold temperatures to push East with Alberta Saskatchewan and Northern Manitoba expecting wind-chill temperatures to dip to the -30 ands 40s in the coming days Paul Hollingsworth CTV News Halifax still ahead salvation with electrical stimulation an experimental treatment offers New Hope in the fight against a dreaded brain wasting disease every year thousands of Canadians are diagnosed with Alzheimer’s today there
CTV National News : Canada announces retaliatory tariffs is no known cure but researchers at the University of Manitoba are optimistic about an experimental new treatment that helps to increase brain activity cut’s Alex carps reports from Winnipeg more lines okay take the lines Paul refuter was diagnosed with dementia last year and has been struggling ever since and if I’m having a discussion with somebody and I know there’s word coming and when I get to that word it’s gone reutter has been participating in a treatment called Tran cranial alternating current
stimulation which is a non-invasive brain stimulation technique that uses electrical currents to boost brain activity in one of the exercises he is tasked with remembering and matching pictures on a screen uh doing a lot of work on memory trying to um associate words terms uh pick with each other what it does is that it boosts the excitability so we basically excite the neurons by cognitive exercises Alzheimer’s disease is a progressive brain disorder that causes gradual decline in memory and thinking skills it damages connections between
neurons in the brain Dr Zara misfit who is leading the treatment says it’s crucial to boost the neurons in the brain that aren’t damaged in Alzheimer patients our goal is to stabilize the condition so that um we can postpone or avoid institutionalization altogether MAV has also LED other research including using virtual reality to help people identify if they have early onset Alzheimer’s but despite Decades of research there is no cure if you have an opportunity to get help uh something like this study or something else go for
it if you can get it great job man and reutter is still determined to keep trying Alex carpal CTV News Winnipeg all right still ahead rejoining the Jet Set the sky the limit for a supersonic plane that could redefine air travel for the 21st century finally for us tonight an American startup reached a major Milestone this week when it comes to the future of flight a modern-day supersonic jet that could usher in a new era for air travel hearkening back to the days of the famed Concord from the 1970s here’s ctv’s John vane valley
Rail and she’s a the historic highflying moment took place over the Mojave Desert three engines in After Burner mock numbers ticking up ground controllers anxiously watching as a test pilot with us startup boom supersonic opened up the throttle on a plane called the xb1 there we are xb1 is sonic breaking the speed of sound something a civilian jet hasn’t done in a generation go time to scale up and and uh to go build the version that you and I get to fly on it’s been 22 years since the Concord last flew passengers across the Atlantic
at twice the speed of sound noisy and costly to operate a deadly crash in 2000 contributed to the program’s demise but this is a one third scale prototype of a jet moving us closer to a return to supersonic travel I don’t think there’s any question of whether passengers want faster flights I don’t know a single one who wants to spend more time on an airplane sculpted for Speed and safety the bigger version will be called Overture designed to carry up to 80 passengers it’ll be slightly slower than
CTV National News : Canada announces retaliatory tariffs Concord but also quieter and cheaper to fly going from New York to London in about three and a half hours half the time of a regular jet the regulations could hold it back today we have one of the silliest rules in the world which is you can’t fly supersonic over land uh no matter how quiet the airplane is United American and Japan Airlines have all expressed buying interest and a factory has been built in North Carolina as for the test flight comparisons are being drawn the pilot Captain Chuck Jigger to
the moment Chuck jeerer became the first person to break the sound barrier back in 1947 also above the Mojave last summer boom’s test pilot acknowledged such flights have risks but said this we’ve got a really good team really competent Engineers really smart people who designed it a plane they hope will carry passengers at supersonic speeds before the decade is out John avail R CTV News torn I love it all right and that is our newscast for tonight I’m Todd vane hoyden for Heather buts and all of
