What happened: US President Donald Trump has threatened to impose tariffs on Canadian aircraft and countries selling oil to Cuba. This move follows his return to the White House and continued use of tariffs as a policy tool.
Why it matters:
- Could increase costs for Canadian plane manufacturers and oil-exporting nations.
- May escalate trade tensions between the US, Canada, and other affected countries.
MNN Take: Tariffs are often used by governments to protect domestic industries or influence foreign policies. Trump's threats signal ongoing trade disputes and efforts to pressure countries involved with Cuba.
Sources: BBC US & Canada