Currencies

Canadian lawmaker vows to retaliate for Trump tariffs dollar for dollar, starting with 100% on Tesla


One Canadian lawmaker believes targeting Department of Government Efficiency (DOGE) head Elon Musk is a good way to punish President Donald Trump over tariffs.

Canadian lawmaker and aspiring prime minister Jagmeet Singh is in favor of levying tariffs against the United States in retaliation against Trump, specifically mentioning a “100% tariff on Tesla, directly targeting Elon Musk.”

Watch:

“Canadians have reacted in anger. They feel insulted that our good neighbor would take shots and attack us. We‘ve been great neighbors together and so no, we do not want any part of the 51st state. Hell no. We want to defend our country, build what we have, be good neighbors. But if we have an unreliable partner, then we‘re prepared to diversify our economy,” Singh said. “There‘s lots of countries we can work with. We would have loved to continue to have a strong relationship, but we can‘t be vulnerable to the whims of a president who wants to attack one of his closest allies.”

“As I noted a moment ago, you were in the running for prime minister as Justin Trudeau announced that he plans to soon step down. What do you think of the relationship that he‘s maintained, that he‘s kept with Donald Trump? And how would you approach it differently?” host Boris Sanchez asked.

“I believe that we wanted to- I believe in being good neighbors and having good relationships, but I believe very firmly Donald Trump only understands force. He‘s acted as a bully in many circumstances, and now he‘s acting as an economic bully. The only language that bullies understand is the language of strength,” the lawmaker asserted. “So we have to show that we‘re ready to fight back. We might be smaller. We might be up against a larger opponent, but it‘s going to hurt both of us. It‘s a bad thing to do. It‘s going to hurt Americans. It‘s going to hurt Canadians. We need to show that it‘s the wrong thing to do, and also show that we‘re ready to fight back and defend what we have.”

“What does that fighting entail? How do you see that fighting moving forward? Is it reciprocal tariffs?” Sanchez pressed.

“Yeah, the first step is going to be dollar for dollar, retaliatory tariffs. You impose a tariff on us, we will impose a tariff back on you. Again, no one wins in these trade wars. But this is not a fight that we wanted to pick. We were happy to continue to have a strong relationship. Donald Trump has picked this fight. So we‘re going to fight back.,” Singh said. “We just announced today, what I would do is put in place a 100% tariff on Tesla, directly targeting Elon Musk. Elon Musk is proudly touting this idea of the 51st state, so let‘s hit back at Elon Musk. I‘ve also said we should shut down the supply of critical minerals. Another move that directly targets Elon Musk and his Tesla company. The batteries that he needs require these critical minerals. We‘ve got tools and we should be ready to use them. It‘s not something that we wanted to do, but if Donald Trump wants to bring this fight, know that we are ready. I’m putting Donald Trump on notice.”

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Sierra Marlee
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