When Canada’s Prime Minister Justin Trudeau told a group of executives that President Donald Trump wasn’t kidding about annexing Canada, he offered one reason: critical minerals.

The far less punitive tariff threat on critical minerals shows that Mr. Trump is cognizant that the United States relies on Canada for a huge swath of its resource needs, and imposing a 25-per-cent tariff would be far too damaging for American consumers, said Pierre Gratton, chief executive officer of the Mining Association of Canada.

Canadian Prime Minister Justin Trudeau told executives gathered at an economic summit on Friday that he believes US President Donald Trump’s desire to annex the northern nation “is a real thing” due to its abundance of critical minerals.

The Debrief: Trump Administration Puts Critical Minerals In Crosshairs is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Ukraine has already emphasized that by supporting its war effort, the U.S. could get access to the country’s wealth of critical minerals like lithium and uranium.

Canadian Prime Minister Justin Trudeau has issued a serious warning, claiming that former U.S. President Donald Trump’s threat to annex Canada is “a real thing.” Speaking at the Canada-U.S. Economic Summit in Toronto,

Ottawa: Canadian Prime Minister Justin Trudeau has said that US President Donald Trump's threat to annex Canada "is a real thing," media reported. According to a CBC News report, Trudeau told business leaders on Friday at the Canada-US Economic Summit in Toronto that it would be motivated by the access to Canada's critical minerals.