America can do fine without Canadian oil and lumber, U.S. President Donald Trump told an audience at the World Economic Forum (WEF) in Davos.
“We don’t need their oil and gas. We have more than anybody,” Trump said during his virtual participation in a forum session on Jan. 23, during which he delivered a speech and took questions from top international banking, finance, and oil industry CEOs.
Amid the Trump tariff threat, some Canadian officials have floated the possibility of using energy exports to the United States to retaliate, an idea strongly opposed by Alberta Premier Danielle Smith.
Since his election, Trump has threatened to impose 25 percent tariffs on Canada over border security concerns….