Canada considering retaliatory tariffs on US items following Trump threat
Canada mulls retaliatory tariffs on US goods as Trump threatens sweeping levies on Canadian products
Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to impose sweeping tariffs on Canadian products, a senior official said on Wednesday.
Trump has threatened to impose tariffs on products from Canada and Mexico if the countries don’t stop what he called the flow of drugs and migrants across southern and northern borders. He said he would impose a 25 per cent tax on all products entering the US from Canada and Mexico as one of his first executive orders.
But Trump posted Wednesday evening on Truth Social that he had a “wonderful conversation” with new Mexican President Claudia Sheinbaum.
“Mexico will stop people from going to our Southern Border, effective immediately. THIS WILL GO A LONG WAY TOWARD STOPPING THE ILLEGAL INVASION OF THE USA. Thank you!!!” Trump posted.
It wasn’t immediately clear if that frees Mexico from the tariff threat.