Canada Prepares $105B Retaliatory Tariffs on US Goods

Canada is preparing to impose retaliatory tariffs on US goods worth up to C$150 billion (approximately $105 billion USD) if President-elect Donald Trump follows through on his threat to impose 25% tariffs on Canadian imports. These proposed tariffs are a response to Trump's demands for Canada to curb illegal immigration and drug trafficking at the border. Canadian Prime Minister Justin Trudeau has emphasized a strong, united response but faces resistance from Alberta Premier Danielle Smith, who opposes energy export restrictions. Alberta, a major energy supplier to the US, fears economic repercussions from such measures. Despite internal disagreements, most Canadian provinces support a robust counter-strategy, reflecting the importance of the US-Canada trade relationship.