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

  • Canada plans to impose tariffs on $105 billion worth of U.S. Imports if President-elect Donald Trump follows through with his 25 percent tariff threat.
  • Prime Minister Justin Trudeau will announce a consultation period for tariffs covering approximately $37 billion of U.S. Imports, with implementation to follow immediately after.
  • B.C. Premier David Eby warned that Trump's tariff threat could erase 124,000 jobs and reduce economic growth, leading to a loss of $69 billion in economic activity.
  • Trudeau stated that any response to U.S. Tariffs would not disproportionately burden one province over others, emphasizing a united front from Canadian leaders.
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  • 35% of the sources are Center, 35% of the sources lean Right
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Financial Times broke the news in London, United Kingdom on Wednesday, January 15, 2025.
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