Canada is exploring potential retaliatory measures in response to President-elect Donald Trump's recent threat to impose a 25% tariff on all goods from Canada and Mexico, a move that experts warn could severely disrupt trade between the two countries and possibly trigger a recession in both economies.
A Canadian government official, speaking anonymously to CBS News, confirmed this week that the country is evaluating options for counter-tariffs on U.S. imports. However, the official stressed that no final decision has been made. Trump's proposed tariffs, announced earlier this week, would go into effect on his first day in office and are part of his broader plan to curb undocumented immigration and illicit drug trafficking from both countries.
