Canada Plots Broad Tariff Retaliation If Trump Starts Trade War
- One proposal would touch most products the US sells to Canada
- Canada buys almost as much from US as the European Union does
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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.
The Canadian government’s draft plans for trade retaliation go well beyond the narrow list of US-made items on which it placed counter-tariffs during a 2018 dispute, according to government officials.