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Canada May Target C$150 Billion in U.S. Imports With Tariffs, Sources Say

Jan 15, 2025, 10:09 p.m. ET

AsianFin -- Canada is prepared to impose tariffs on up to C$150 billion worth of U.S. imports if President-elect Donald Trump implements tariffs on Canadian goods and services, according to a source familiar with the situation.

A list of potential U.S. targets has already been drafted, but any action would be preceded by public consultations, the source noted. The scale and specifics of Canada's countermeasures would ultimately depend on the details of any tariffs imposed by the incoming U.S. administration.

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