Canada Strikes Back: $105B Tariffs on US Goods

Canadian Prime Minister Justin Trudeau just flexed his country's economic muscles, announcing retaliatory tariffs on $105 billion worth of U.S. goods in response to threats from President-elect Donald Trump. The move comes as tensions rise over potential U.S. tariffs targeting Canadian exports.

At a high-stakes meeting with provincial leaders, Trudeau declared \"nothing is off the table\" to protect Canadian interests. But not everyone’s on board – oil-rich Alberta refused to sign the joint statement, warning an export ban could trigger a \"national unity crisis.\"

Leaders agreed to weekly strategy sessions after Trump’s Jan. 20 inauguration, with Trudeau even scheduling a Cabinet retreat that day to focus on countermeasures. The plan? Rapid financial support for workers and businesses hit by trade turbulence.

As Trump pushes for stricter border controls, Canada’s message is clear: They’re ready to play hardball in this continental showdown. Will this escalate into a full-blown trade war? Stay tuned.

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Canadian PM outlines reprisal tariffs on $105 bln worth of U.S. goods

cgtn.com