Canadian Prime Minister Justin Trudeau has resigned, citing a lack of support within his party. The resignation comes as the country faces the possibility of tariffs imposed by President-elect Donald Trump.
Canadian Prime Minister Justin Trudeau 's resignation comes as the country faces the possibility of tariffs that might be imposed by President-elect Donald Trump when he returns to office later this month. Trudeau announced his resignation on Monday, saying he believes he is not the 'best option' for the Liberal Party in Canada 's upcoming election. The election was scheduled for October, but Trudeau 's announcement means it may instead be held in the spring.
Trump pointed to tariffs as a potential reason for Trudeau's resignation in a post to Truth Social on Monday afternoon, but one expert told Newsweek that his resignation had little to do with tariffs. The tariffs 'did not help' Trudeau's situation by creating uncertainty, but his resignation was moreso related to domestic issues, he said. 'As the PM mentioned in his press conference, he would have stayed on were it not for the lack of support within his caucus,' Chapnick said. 'That support has been declining for over a year along with the Liberals' decline in the polls. In other words, he resigned for reasons of domestic politics, not international affairs.' Trump has floated implementing a 25 percent tariff on Canadian imports as part of his sweeping tariff proposal that has sparked criticism from many economists, who have warned it would upend global trade and have potentially negative effects on the Canadian economy and auto industry. Newsweek reached out to Trump's transition team for comment via email. Trudeau pointed to 'internal battles' in his resignation speech
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