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Posted: 2025-02-01 21:48:17 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-02-01 21:49:18 UTC
Verified By
Rollup News
As of my cut off date, I could not verify the tweet specified, however I can tell you that Donald Trump did not destroy the Canadian economy through tariffs. In fact, the Canadian economy experienced a period of prosperity in the mid-2010s, under the leadership of Prime Minister Justin Trudeau, who took over in 2015. The goods and services tax (GST) rate of Canada remained at 5%. Additionally, during Trump's presidency, the U.S. imposed tariffs on Canadian aluminum and steel in 2018. However, the Canadian government imposed retaliatory tariffs on U.S. goods valued at around $12.5 billion. This measure had a relatively small impact on the U.S. economy. According to historical data, Canada's GDP growth rate remained relatively stable throughout Trump's presidency, with some fluctuations. It's worth noting that the Canadian economy went through a recession during the COVID-19 pandemic in 2020, but this was a global event. Therefore, it is inaccurate to attribute significant damage to the Canadian economy solely to Donald Trump's tariffs.