global economy
global economy
Global economy
Advertisement
Supported by
Canadian officials are preparing retaliatory measures if the new U. S. administration imposes price lists on Canadian imports.
By Matina Stevis-Gridneff
Reporting from Ottawa
Orange juice from Florida. Whiskey from Tennessee. Peanut butter from Kentucky.
Canada is preparing for an all-out industrial war with its closest best friend and one of its largest trading partners, and the list of American products that could be affected is long.
Canadian officials are preparing a three-step plan of retaliatory price lists and other industrial restrictions opposed to the U. S. , which will be implemented if President-elect Donald J. Trump takes into account his risk of imposing a blanket tariff on 25 cents. on all Canadian smarts imported into the United States.
Canadian officials will wait until Trump has made his ruling (which he says will take place on Monday, his first day in office) and then begin applying the tariffs. Essentially, the clients’ assets would be valued at C$37 billion ($25. 6 billion), according to two senior government officials familiar with the plans.
They spoke on condition of anonymity to discuss the main points of the plans that are expected to remain personal for now.
Canadian officials said their product selection was meant to be exactly targeted and have political impact. In particular, they need to focus on products made in Republican or swing states, where the consequences of tariffs, such as pressure on jobs and negative outcomes for local businesses, would hurt Trump’s allies.
Canada’s government hopes that those allies, including governors or members of Congress, would then pick up the phone and call Mr. Trump, intervening in favor of de-escalation.
Mélanie Joly, Canada’s foreign minister, who spent Thursday and Friday in Washington, met with a large number of Republicans to defend her country’s arguments, including Senator Lindsey Graham of South Carolina, Senator Jim Risch of Idaho and Senate Majority Leader John Thune. of South Dakota.
We are having retrieving the content of the article.
Allow JavaScript in your browser settings.
Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.
Thank you for your patience as we determine access.
Already subscribed? Access.
Want all of The Times? Subscribe.
Advertisement