Canada's Liberal Party will announce Prime Minister Justin Trudeau's successor on Sunday as both party chief and head of the country's government in the midst of a trade war with the United States that could cripple the Canadian economy.

Earlier this week, the Trump administration imposed across-the-board 25% tariffs on goods from Canada and Mexico.

Donald Trump once again acknowledged that his foolish trade wars will disrupt the economy, potentially causing a recession. But the president still spoke about the impending tariffs on Mexico and Canada as if they are paid by the exporting country rather than the American companies importing goods,

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