Counter-tariffs ready if Trump starts trade war

Justin Trudeau says Canada is ready to respond with counter-tariffs against the US if President-elect Donald Trump follows through on his threat to begin a trade war in North America.

- Bloomberg

OTTAWA:

Speaking on MSNBC's Inside With Jen Psaki, the outgoing Canadian prime minister said his government isn't looking for a trade fight with the new administration but will have to retaliate if the US puts tariffs on Canadian products.

Canada buys more US-made goods than any other country, according to US Commerce Department export data—about $320 billion in the first 11 months of last year. The US trade deficit on goods with Canada was $55 billion during that period.