Canada’s Ambassador to the U.S. affirmed that the country is willing to boost American imports in the wake of President-elect Trump’s threats to increase tariffs. “We are happy to source what we

Justin Trudeau says Canada is ready to respond with counter-tariffs against the US if President-elect Donald Trump follows through on his threat to begin a trade war in North America.

The outgoing Canadian Prime Minister said Canada is ready to levy tariffs on a range of American-made products, and even constrict access to crude oil and energy.

Canada is preparing to retaliate with an exhaustive list of tariffs on American goods if President-elect Trump follows through with his plans to add a steep 25% import tax on Canadian exports, people familiar with the matter told CNN.

Although aluminium prices for U.S. consumers have risen since Donald Trump's election win, the rise has been muted, signalling the industry is not expecting the President-elect to carry out his threat to impose hefty tariffs on Canadian imports.

President-elect Donald Trump’s rhetoric around Canada becoming a 51st state is a distraction from the economic impact a trade war will have on American workers and businesses, Prime Minister Justin Trudeau charged Sunday.

Canada is drawing up plans for extensive tariffs against US products if Donald Trump follows through on his threat to put 25% levies on Canadian goods, according to people familiar with the matter.

Canadian CEOs are being asked for feedback as Canada plans to levy a tranche of retaliatory tariffs against the United States if President-elect Donald Trump makes good on his threat to apply 25% tariffs against Ottawa.