Canadians Monitor Donald Trump's Tariff Threat

Canadian business leaders are concerned about the potential tariffs threatened by the incoming U.S. President, Donald Trump, which could have a significant impact on trade with the U.S. and disrupt various sectors. Trump has threatened to impose a 25 percent tariff on imports from Canada, while lower tariffs are being discussed. Canada is ready to retaliate with counter-tariffs amounting to approximately $37 billion if Trump enforces the 25 percent tariffs. Canada's ambassador to the U.S., Kirsten Hillman, affirmed that Canada is prepared for any trade-related outcomes.