TORONTO (AP) - Canada is looking at putting retaliatory tariffs on American orange juice, toilets and some steel products if U.S. President-elect Donald Trump follows through with his threat to impose 25% tariffs on all Canadian products, a senior official familiar with the matter said Thursday.
Florida orange juice and steel will be on Canada’s list for retaliation if Trump imposes tariffs
TORONTO (AP) - Canada is looking at putting retaliatory tariffs on American orange juice, toilets and some steel products if U.S. President-elect Donald Trump follows through with his threat to impose 25% tariffs on all Canadian products, a senior official familiar with the matter said Thursday.
The official said the wide-ranging list is still being worked on and has not been completed. The official spoke on condition of anonymity as they were not authorized to speak publicly on the matter.
Trump said this week he will use economic coercion to pressure Canada to become the nation's 51st state. And he continues to erroneously cast the U.S. trade deficit with Canada - a natural resource-rich nation that provides the U.S. with commodities like oil - as a subsidy.
When Trump imposed higher tariffs during his first term in office, other countries responded with retaliatory tariffs of their own. Canada, for instance, announced billions of new duties in 2018 against the U.S. in a tit-for-tat response to new taxes on Canadian steel and aluminum.