Canada has drafted a preliminary list of U.S. goods worth 150 billion Canadian dollars (approximately $105 billion) that could be subject to tariffs.
This move is intended as a response to the potential decision by U.S. President-elect Donald Trump to impose tariffs on Canadian goods. According to Bloomberg, citing a well-informed official, the list is currently tentative and will only be implemented if the Trump administration takes such measures. The official added that the list could be expanded depending on further U.S. actions.
At the same time, specific goods included in the list have not yet been disclosed. It is worth noting that Donald Trump has previously threatened to impose 25% tariffs on Canadian exports, accusing Ottawa of failing to address trade and immigration issues. Negotiations between Prime Minister Justin Trudeau and Trump have been accompanied by the U.S. president’s repeated jokes about Canada being the “51st state.” On January 8, Trump even shared maps depicting Canada as part of the United States.
On January 9, reports emerged that the Canadian government is considering retaliatory tariffs on a wide range of U.S. goods if Trump follows through on his threats.
Canada’s ambassador to the United States, Kirsten Gillman, stated that Ottawa is ready to increase purchases of American goods, including military submarines, to alleviate the Trump administration’s concerns over the bilateral trade deficit.
On January 14, Donald Trump announced plans to establish a Revenue Service to manage income from the extensive tariffs he promised to introduce.
