Justin Trudeau’s government and provincial premiers contemplate different scenarios in the face of the new U.S. administration’s warning of imposing 25% tariffs

Canadian Prime Minister Justin Trudeau reiterated on Tuesday that his government is ready to respond to all scenarios if U.S. President Donald Trump imposes tariffs on Canada. Asked about an uncertain timeline on possible tariffs,

Trump said in an Oval Office signing ceremony on Monday that his administration will impose a 25% tax on goods from Canada and Mexico that may come as soon as February 1 – a move that could raise prices for American consumers.