Alberta’s premier says Americans will pay a lot more for gas if Trump applies 25% tariffs on Canada
Associated PressTORONTO — The premier of Canada’s oil-rich province of Alberta said on Thursday that Americans will pay a lot more for gas if President-elect Donald Trump imposes a 25% tariff on all Canadian products. Smith also noted that Canada has critical minerals the U.S. needs, and that China is banning the export of some minerals to the U.S. “The U.S. has major aspirations to continue building out its AI data centers and critical minerals are going to be central to that,” Smith said. “Canada has virtually everything the Americans are going to need.” Canada has 34 critical minerals and metals that the Pentagon is eager for and is also the largest foreign supplier of steel, aluminum and uranium to the U.S. Nearly $3.6 billion Canadian dollars worth of goods and services cross the border each day. Smith said the U.S. relies on raw materials from Canada “to make trillions of dollars of wealth in your country.” About 60% of U.S. crude oil imports and 85% of U.S. electricity imports are from Canada.