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Canada could impose tariffs on $105 billion worth of US imports: Bloomberg

  • Canada could impose tariffs on US imports worth $105 billion if President-elect Donald Trump follows through with his 25 percent tariff plan, according to reports from Reuters and Bloomberg.
  • Prime Minister Justin Trudeau plans to announce a consultation period for tariffs covering about $37 billion of US imports if Trump proceeds with the levies.
  • Natural Resources Minister Jonathan Wilkinson stated that tariffs would increase costs for Canadian goods sold to Americans, generating significant revenue for the US.
  • Premier David Eby warned that Trump's tariff threat could erase 124,000 jobs in British Columbia and result in a $69 billion loss in economic activity between 2025 and 2028.
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  • 35% of the sources are Center, 35% of the sources lean Right
36% Center
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