Canada has counter-tariffs ready if Trump launches trade war, says Trudeau

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Canada has counter-tariffs ready if Trump launches trade war, says Trudeau - Business Standard

Quick Summary:

This time, Trump has said he’s considering broad 25 per cent tariffs against items from Mexico and Canada.

Ontario Premier Doug Ford in December floated the idea of cutting off his province’s electricity exports to several border states, but last week he proposed a new energy partnership that would deliver more nuclear power to the US.

When the first Trump administration placed tariffs on steel and aluminum in 2018, the Canadian government put levies on a list of US-manufactured items that included household appliances, bourbon whiskey and boats.