WASHINGTON - Ottawa is ready to retaliate if U.S. president-elect Donald Trump slaps Canada with devastating tariffs, Prime Minister Justin Trudeau promised Friday — and his ministers say Republicans in

Summary

Canada is preparing to retaliate against Donald Trump’s proposed 25% tariffs on Canadian imports, which could trigger the largest trade war between the nations in decades.

Prime Minister Justin Trudeau promised counter-tariffs worth $37 billion, with potential for further measures, depending on Trump’s final order.

Canadian officials warn the tariffs could harm both economies, disrupting key sectors like automotive, energy, and agriculture.

Labor leaders expressed concerns over job losses and urged collaboration. Canada hopes to avoid tariffs by highlighting their mutual economic impact to U.S. lawmakers.

  • wewbull@feddit.ukEnglish
    2·
    14 hours ago

    Add a 5% levy on that and it’s nearly 12 billion in tax revenue extracted from Canadian business and consumers under the guise of sticking it to Trump.