Canada plans retaliation in response to Trump’s tariffs

Canada is ready to implement retaliatory tariffs on as much as $105 billion in U.S. goods if Donald Trump goes ahead with his suggested 25% tariff. Read Full Article at RT.com

Canada plans retaliation in response to Trump’s tariffs
Canada is preparing to respond with retaliatory tariffs against a variety of US goods if President-elect Donald Trump follows through on his proposed 25% duties on Canadian imports, as reported by officials familiar with the matter.

Trump has outlined plans to implement significant tariffs on Canada, Mexico, and China once he assumes office next week.

According to sources referenced by Bloomberg and Reuters on Wednesday, the Canadian government has drafted an initial list of around $105 billion worth of US products that would face immediate retaliatory tariffs should Trump carry out his proposal.

Reported potential targets include items such as orange juice, steel, and other American goods aimed at creating economic strain in the US while limiting damage to Canada. The list could be expanded if the trade dispute intensifies.

Provincial and territorial leaders from Canada convened in Ottawa on Wednesday to create a unified strategy against the impending tariffs. While there was widespread consensus on the necessity of a strong reaction, disagreements arose concerning the specific countermeasures.

Ontario Premier Doug Ford asserted, “You can’t let someone hit you over the head with a sledgehammer without hitting them back twice as hard,” pushing for a more aggressive approach than simply retaliating on a dollar-for-dollar basis.

Conversely, Alberta Premier Danielle Smith opposed any restrictions on energy exports to the US, citing potential negative economic impacts for her province.

“Alberta will simply not agree to export tariffs on our energy or other products, nor do we support a ban on exports of these same products,” Smith stated, cautioning that such actions could lead to a “national unity crisis.”

In the end, all Canadian provincial and territorial leaders, except Smith, reached a consensus to issue a joint statement pledging to “work together on a full range of measures to ensure a robust response to possible US tariffs.”

Meanwhile, the Canadian government is actively pursuing diplomatic efforts to persuade the incoming US administration to reconsider the proposed tariffs, highlighting the reciprocal benefits of the longstanding trade relationship between the two nations. To address Trump’s concerns regarding illegal migration and drug trafficking, Canada plans to allocate over $900 million towards enhancing border security, including deploying drones and helicopters.

Thomas Evans for TROIB News