Canada Prepares to Respond to Trump Tariffs and Reassess Dependence on the U.S.

Reported about 15 hours ago

Canada is planning retaliatory tariffs against U.S. goods in response to President Trump's 25% tariffs on Canadian products, prompting a reevaluation of its economic reliance on the U.S. Officials, including Natural Resources Minister Jonathan Wilkinson, indicated that initial responses will focus on American products that have available alternatives in Canada. The potential expansion of these tariffs may affect energy exports and other key sectors, as Canada seeks to diversify its markets amidst increasing tensions with the U.S.

Source: YAHOO

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