Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Canada suddenly has no leader, and no plan, for a Trump trade fight

Mint Ahmedabad

|

January 10, 2025

Canada is the U.S.'s second-largest trading partner after Mexico, according to U.S. Census Bureau data

- Vipal Monga

After President-elect Donald Trump's election victory, Canadian officials began racing to rebuild "Team Canada"—the bipartisan group of federal, provincial, and business officials led by Prime Minister Justin Trudeau who pushed back against Trump's tariffs in 2018.

Today, Team Canada has a problem: It is leaderless.

Trudeau's resignation, and decision to forestall elections for at least a few months until his party picks a new leader, leaves Canada with no recognizable plan to counter Trump's threats of 25% tariffs on all goods or his floating an American takeover of its northern neighbor by "economic force."

The united front that Canada presented Trump in his first term is fractured and distracted.

"We don't know who speaks for Canada today," said Goldy Hyder, president of the Business Council of Canada, a group that represents the chief executives of large Canadian companies.

Even before Trudeau's announcement Monday, the longtime prime minister faced criticism that he wasn't adequately prepared for a trade fight with Trump. His closest political ally, Chrystia Freeland, resigned as deputy prime minister and finance chief over those concerns.

But even a weakened and unpopular Trudeau at least presented a battle-tested foil for Trump. Now, political analysts said Trump has an opening to go even harder on Canada on trade and other matters, such as military spending.

"It's not ideal," said David MacNaughton, the former Canadian ambassador to the U.S. who helped renegotiate the North American Free Trade Agreement during Trump's first term. "Trump is somebody who, when he spots weakness, tries to press his advantage. It's going to be a zoo for the next two or three months."

MORE STORIES FROM Mint Ahmedabad

Mint Ahmedabad

Mint Ahmedabad

Road trippin' through the Deep South in the US

A road trip through Louisiana, Alabama and Tennessee reveals the weight of civil rights history and its contradictions in small-town America

time to read

4 mins

November 22, 2025

Mint Ahmedabad

Chip crunch hits laptops, budget smartphones

Atypical memory chip used in smartphones and laptops accounts for 10-15% of the cost of production.

time to read

1 mins

November 22, 2025

Mint Ahmedabad

When the music played

For all the years it was central to entertainment and information, the television was called \"the idiot box\", and a good vs bad debate continues to swirl around it long after many have cut cable and switched to streaming.

time to read

1 mins

November 22, 2025

Mint Ahmedabad

Mint Ahmedabad

Diagnostics firms step up as weight-loss drugs take off

also conduct more advanced tests like cardiac risk markers and pancreatic enzymes-data crucial for establishing patient baselines, adjusting therapy, and detecting potential side effects or nutritional deficiencies that can occur due to appetite suppression.

time to read

1 mins

November 22, 2025

Mint Ahmedabad

Mint Ahmedabad

Govt eyes realty bankruptcy at tower level to ease misery

At present, insolvency resolution takes place only at the level of the corporate entity

time to read

3 mins

November 22, 2025

Mint Ahmedabad

Laptops, budget phones hit by chip scarcity

pressure on smartphones, the company's core offering.

time to read

1 min

November 22, 2025

Mint Ahmedabad

Mint Ahmedabad

The secret history of the Hindi language

Tyler W. Williams reveals how political, cultural and economic forces shaped Hindi publishing in the subcontinent

time to read

4 mins

November 22, 2025

Mint Ahmedabad

Space startup Agnikul raises ₹150 crore

Aerospace startup Agnikul has raised ₹150 crore in a Series C round, two people familiar with the matter told Mint, after its earlier plan to raise up to $50 million failed to draw sufficient investor interest.

time to read

1 mins

November 22, 2025

Mint Ahmedabad

Mint Ahmedabad

Market indices may sport Reits as Sebi eyes liquidity boost

Units of real estate investment trusts (Reits) may soon be counted as equity and join India's stock market indices, as the regulator works to attract larger participation from institutions and improve liquidity in these instruments.

time to read

1 min

November 22, 2025

Mint Ahmedabad

The sweet legacy of Murshidabad

Get a taste of a unique culinary heritage shaped by migration and royalty in this Bengal town

time to read

2 mins

November 22, 2025

Listen

Translate

Share

-
+

Change font size