Canada is ready to respond to tariffs from its top trade partner the United States on Monday if President-elect Donald Trump follows through on his threat to impose them, Foreign Minister Melanie Joly said on Friday.
Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.
The United States and Canada on Friday officially endorsed an effort by the Haudenosaunee Confederacy of indigenous tribes to compete in lacrosse under its own flag at the 2028 Los Angeles Olympic Games.
When President-elect Donald Trump recently floated the idea of annexing Canada, a key reason he gave was a claim that the United States was “losing $200 billion a year” to its northern neighbor.
Canada could impose countermeasures on up to C$150 billion ($105 billion) worth of U.S. imports if President-elect Donald Trump puts tariffs on Canadian goods and services, a source familiar with the matter said on Wednesday.
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“Canada and the United States have the closest and most successful partnership in the world. At their meeting today, Canada’s First Ministers reiterated that the two countries are stronger, more prosperous, and safer when they work together.
The United States could invade and occupy Canada easily enough, but it would have little to gain by doing so.
Canada’s survival faces challenges not only from the U.S., but from within: fraying internal alliances and elite detachment from economic and demographic realities.
Canada on Friday (Jan 17) issued a stark warning to the United States, promising that the nation would be hit with a "Trump tariffs tax" if US president-elect Donald Trump follows through on his plan to impose 25 per cent tariffs on Canadian imports.
Canada is bracing for a potential trade war with the US if President-elect Trump's 25% tariffs on Canadian imports are imposed. Foreign minister Melanie Joly and Prime Minister Justin Trudeau promise strong retaliatory measures,