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Ottawa to unveil initial retaliation plan Monday if Trump uses Inauguration Day to proceed with tariff threats

  • The Canadian government will present a retaliation plan on Monday if U.S. President-elect Donald Trump imposes tariffs on Inauguration Day.
  • Trump has threatened a 25 percent tariff on all Canadian imports as one of his first executive orders.
  • Canada's response could include counter-tariffs worth approximately $37 billion, with an additional $110 billion possible.
  • Canada's plan includes preventing tariffs, preparing responses, and diversifying export markets, as stated by Minister Joly.
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Mexico plans to establish a “working group” to engage US companies in the process of reducing imports from China, said Marcelo Ebrard, Secretary of Economy, to a group of car suppliers at a private meeting on Friday in Detroit. Care not to “specify” what would happen on Monday when U.S. President-elect Donald Trump takes office, Minister Marcelo Ebrard said the government wanted to present a working group that would include the “most important c…

·Mexico
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The Free PressThe Free Press
+14 Reposted by 14 other sources
Lean Left

‘We will not hesitate’: Canada prepares to hit U.S. with billions in tariffs

‘This would be the biggest trade war between Canada and the U.S. in decades’

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Bias Distribution

  • 67% of the sources lean Left
67% Left

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Xinhua broke the news in China on Friday, January 17, 2025.
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