CIBC CEO says Canada shouldn’t retaliate in trade war with the U.S.
- CIBC CEO urged Canadian Prime Minister Mark Carney not to retaliate against tariffs imposed by President Donald J. Trump, highlighting the need for a cooperative relationship with the U.S.
- President Donald J. Trump announced a 10% baseline tariff on goods entering the U.S., with Canada excluded from higher rates.
- Treasury Secretary Scott Bessent advised other countries to avoid retaliation against Trump’s tariffs, suggesting that escalation could worsen the situation.
- Trump emphasized the significance of the tariffs, calling April 2, 2025, 'one of the most important days' in American history.
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Trump Economic Chief to Newsmax: Foreign Leaders Might Cut Deals to Lower Tariffs
The president's been very clear that if other countries retaliate for our fair and reciprocal tariffs, then tariff rates will go up even higher, Council of Economic Advisers Chair Stephen Miran said on Newsmax's Wake Up America.
·Washington, United States
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Total News Sources22
Leaning Left1Leaning Right12Center1Last UpdatedBias Distribution86% Right
Bias Distribution
- 86% of the sources lean Right
86% Right
R 86%
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