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The president's top advisers acknowledged President Trump's sweeping tariffs could raise prices but said an economic adjustment that would ultimately benefit American workers was overdue.
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As stiff new tariffs on Canada, Mexico and China took effect on Tuesday, Prime Minister Justin Trudeau warned that Trump's moves are aimed at "a total collapse of the Canadian economy, because that'll make it easier to annex us." Canada relies on the U.S. for 75% of exports and a third of its imports. For more, we speak with a senior researcher at the Canadian Centre for Policy Alternatives, Hadrian Mertins-Kirkwood. "If there's one feeling in Canada right now, it's probably betrayal. We trusted this relationship with the U.S. for a century. We count on the U.S. as an economic partner. We're obviously very closely culturally tied. And this just kind of throws everything into question," says Mertins-Kirkwood.
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