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Trudeau's Government CRUMBLES Under Trump’s 25% Tariff Threat - Trade War: Canada
Canadian Finance Minister Chrystia Freeland, a key ally of Prime Minister Justin Trudeau, has resigned following policy disagreements, notably over economic strategies amid U.S. President-elect Donald Trump's tariff threats. Freeland's departure intensifies challenges for Trudeau's administration, already facing declining popularity due to economic concerns like inflation and immigration. Dominic LeBlanc has been appointed as the new finance minister. Opposition leaders, including Jagmeet Singh of the New Democratic Party, are calling for Trudeau's resignation, questioning his leadership ahead of the upcoming general election. Freeland's exit underscores internal divisions within the Liberal Party, raising doubts about Trudeau's political future.
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Topic: Donald Trump Tariffs - Trade Wars - Trade War - Tariff - Tariffs
What is a 'tariff': A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry.
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