Canada Prepares for Potential Trade War with the U.S.
In the wake of threats from President-elect Trump regarding serious tariffs against Canada, Canadian officials are actively discussing a list of retaliatory measures. Former Prime Minister Chretien expresses skepticism about Trump following through with such a trade war, while current leaders, including Prime Minister Trudeau, criticize the proposed tariffs during meetings with U.S. business leaders. Canada is considering targeting imports such as orange juice and steel, potentially impacting businesses and economies on both sides of the border. With calls for a calm approach amidst the tensions, experts suggest that Canada may need to rethink its economic strategy in response to these threats.
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