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Canada prepares retaliatory tariffs on US goods amid Donald Trump’s 25% tax threat

  • Canada is preparing to retaliate with tariffs on American goods if President-elect Donald Trump imposes a 25% import tax on Canadian products, according to sources familiar with the matter.
  • The list of targeted American products includes ceramic items, steel, furniture, and certain alcoholic beverages, as reported by CNN.
  • Canadian officials warn that tariffs could harm Canadian businesses and are consulting with top CEOs for input, as stated by Goldy Hyder, CEO of the Business Council of Canada.
  • Canada's Foreign Minister Melanie Joly emphasized the need to respond seriously to Trump's threats, asserting that there would be consequences for imposing tariffs on Canadian goods.
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dailyguardian.ca broke the news in on Thursday, January 9, 2025.
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