Connect with us

Hi, what are you looking for?

Economy

Trump reacts to Trudeau resignation: ‘Many people in Canada LOVE being the 51st State’

President-elect Trump on Monday reiterated his suggestion that Canada should become the 51st U.S. state, just hours after Prime Minister Justin Trudeau announced his plan to resign.

‘Many people in Canada LOVE being the 51st State. The United States can no longer suffer the massive Trade Deficits and Subsidies that Canada needs to stay afloat. Justin Trudeau knew this, and resigned,’ Trump wrote on Truth Social. 

‘If Canada merged with the U.S., there would be no Tariffs, taxes would go way down, and they would be TOTALLY SECURE from the threat of the Russian and Chinese Ships that are constantly surrounding them. Together, what a great Nation it would be!!!’ he added. 

Sources told Fox News in December that Trump brought up the merger idea to Trudeau in person when the pair met at Mar-a-Lago in late November. 

Trudeau jetted to Trump’s Florida residence unannounced that month after the president-elect threatened to impose sweeping tariffs on Canadian products. Trump is warning of 25% tariffs on Canada and Mexico over failures by both nations to curb the flow of illegal immigrants and illicit drugs from those countries into the U.S.  

‘We discussed many important topics that will require both countries to work together to address, like the fentanyl and drug crisis that has decimated so many lives as a result of illegal immigration, fair trade deals that do not jeopardize American workers and the massive trade deficit the U.S. has with Canada,’ Trump wrote on Truth Social at the time. 

Trudeau announced earlier this morning that he will resign as prime minister and as the leader of Canada’s Liberal Party. 

‘I intend to resign as party leader, as Prime Minister, after the party selects its next leader through a robust nationwide competitive process,’ Trudeau said in a Monday morning address. ‘Last night, I asked the president of the Liberal Party to begin that process. This country deserves a real choice in the next election, and it has become clear to me that if I’m having to fight internal battles, I cannot be the best option in that election.’ 

Trudeau, who has led Canada for nearly a decade, has been grappling for months with significant drops in his approval ratings over mounting frustration relating to issues like the soaring cost of living and rising inflation.  

The long-time prime minister saw an increase in calls for his resignation — from at least seven Liberal Members of Parliament as well as opposition party leaders — following the abrupt departure of his finance minister, Chrystia Freeland, who wrote a scathing letter of resignation mentioning Trudeau’s handling of certain economic policies as well as the threats levied by Trump. 

Fox News’ Michael Dorgan, Caitlin McFall and Danielle Wallace contributed to this report. 

This post appeared first on FOX NEWS

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    Kim Jong Un attended a “paramilitary parade” with his daughter to mark the 75th anniversary of North Korea’s founding on Saturday, the country’s state...

    Stock

    Target said Tuesday that it will close nine stores in major cities across the country, citing violence, theft and organized retail crime. The company will...

    Investing

    Cybercrimes are a growing problem for individuals, businesses and governments alike. Still, many people continue to ask the question, “Why is cybersecurity important?” For...

    Economy

    Israel plans to partially withdraw its forces from Gaza in the coming months as the war against Hamas enters a new phase Monday. Israeli...

    Disclaimer: aimyourdeals.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 aimyourdeals.com