Trump threatens 250% tariffs on Canada's dairy, lumber

President Donald Trump has threatened to impose a staggering 250% tariff on Canadian dairy imports, escalating tensions between the U.S. and Canada. Trump accused Canada of unfair trade practices, stating that they have been 'ripping off' American farmers for years, particularly in the dairy and lumber sectors. This threat follows his recent decision to temporarily exempt certain goods from tariffs imposed under the US-Mexico-Canada Agreement. Canadian Trade Minister Mary Ng dismissed Trump's accusations as 'not true' and labeled the proposed tariffs as 'completely unjustified.' Trudeau's government has expressed concerns over the possibility of a trade war, emphasizing that their goal is to have all tariffs removed. The situation remains fluid, with Trump suggesting that the tariffs could be enacted as soon as next week, unless Canada adjusts its own tariff policies.