Tariffs, deportations and ‘drill, baby, drill’: What to watch for as Trump returns
WASHINGTON — The looming threat of devastating tariffs slapped against Canada hangs over president-elect Donald Trump’s return to the White House Monday.
Trump is preparing more than 100 executive orders. It’s unclear what is in the massive package and how many will be signed immediately.
Here are five things for Canadians to watch:
Tariffs: Canada and Mexico are not the only countries Trump has tariff plans for. The Republican leader also pledged additional 10 per cent tariffs on goods from China. Scott Bessent, Trump’s nominee for treasury secretary, told his Senate confirmation hearing last week that Trump intends to use tariffs for addressing perceived unfair trade practices, to raise revenue for the federal budget and as a negotiating tactic.