Summary

Canada’s Deputy Prime Minister and Finance Minister Chrystia Freeland resigned amid rising tensions with PM Justin Trudeau over Donald Trump’s proposed 25% tariffs on Canadian goods.

Freeland criticized Trudeau’s economic approach, warning of a “grave challenge” and advocating fiscal prudence to prepare for a “coming tariff war.”

Her departure leaves Trudeau politically vulnerable as his popularity wanes, with Liberal MPs and opposition leaders calling for his resignation.

Freeland, a key figure in Canada-U.S. trade relations, is seen as a potential replacement for Trudeau in the next election.