The Munich Security Conference set the stage for crucial discussions among foreign ministers, marking the first such meeting under Canada's 2025 presidency. Canadian Foreign Affairs Minister Mélanie Joly took a decisive stand against U.S. President Donald Trump's suggestion to reinstate Russia in the G7. She also addressed the looming threat of U.S. tariffs, which pose a significant risk to Canada's economy. Joly emphasized the need for Canada and the European Union to work together to counteract Trump's tariff threats.
Joly expressed grave concerns about the proposed U.S. tariffs, describing them as an "existential threat" to Canada. The tariffs could potentially lead to the loss of hundreds of thousands of jobs, making them a critical issue for the Canadian economy. Trump has already indicated his intention to impose tariffs on the European Union, claiming the economic bloc benefits unfairly from the current trade arrangements. In response, Joly underscored the importance of coordinated efforts between Canada and the EU to address these challenges.
“I think our people in Canada reacted so strongly to the fact that we were so strong,” – Minister Mélanie Joly
American political dynamics also came into play during these discussions. Senator Andy Kim highlighted that Trump's tariff strategy is part of a broader political maneuver, despite being unpopular with many Americans.
“The person who will ultimately make the decision about this is not ideological about this,” – Senator Andy Kim
“He’s thinking about a political stance, (but) it’s deeply unpopular amongst the American people, and it is perhaps an extraordinary vulnerability on his part.” – Senator Andy Kim
Polls indicate that 73% of Americans feel that the U.S. loses more than it gains from international trade. Additionally, 64% of Americans believe tariffs will result in higher domestic prices, while 60% disapprove of imposing tariffs on European countries. These statistics highlight growing domestic dissatisfaction with Trump's trade policies.
“Ultimately, none of us will change the perceptions of President Trump,” – Minister Mélanie Joly
Canada's firm stance has had a notable impact on public opinion polls, significantly narrowing the gap between the ruling Liberal Party and their Conservative opposition. Joly noted that stock markets reacted negatively and that American consumers began worrying about rising gasoline prices when Canada's retaliatory measures drew attention from the Republican administration.
“Within a week, we’re nearly at par with the Opposition because Canadians are afraid, are anxious and love the fact that we’re standing strong.” – Minister Mélanie Joly
In planning for possible tariffs on Canadian goods, Joly pointed out that Canadian actions have been well-received domestically. Canadians appreciate their government's strong position in protecting national interests.
“The only people in the world that will make sure that tariffs are not imposed are the American people themselves. When they understand that this is affecting the (price of) gas at the pump and groceries … they’ll say, ‘enough!'” – Minister Mélanie Joly
Looking ahead, Joly plans to host fellow foreign ministers in Charlevoix, Quebec, as part of Canada's 2025 G7 presidency. She reaffirmed the G7's commitment to supporting Ukraine and emphasized that Ukraine and European allies must have representation in any peace talks regarding the ongoing conflict.
“So my point to all of you is, we are the canary in the coal mine,” – Minister Mélanie Joly
