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Market
How will Canada respond to Trump's tariff threat by December 31, 2024?
2
Resolution / Starting Odds
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No action • 25%
Other • 25%
Statements from the Canadian government or official trade policy announcements
Story
Trump's 25% Tariff Threat on Canada, Mexico Over Border Enforcement Risks NAFTA Stability
Nov 30, 2024, 11:35 AM
President-elect Donald Trump has threatened to impose a 25% tariff on all imports from Canada and Mexico, citing concerns about border enforcement. This move is seen as a potential threat to North American economic integration, established through the North American Free Trade Agreement (NAFTA) in 1994. Economists warn that such tariffs could 'destroy prosperity on both sides of the border,' potentially upending decades of economic cooperation and integration between the U.S., Canada, and Mexico.
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Retaliatory tariffs • 25%
Negotiations • 25%
No action • 25%
Other • 25%
Negotiate with U.S. • 25%
Impose retaliatory tariffs • 25%
Seek WTO intervention • 25%
Other • 25%
Retaliatory tariffs • 25%
Increased border security • 25%
Diplomatic negotiations • 25%
Other measures • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
Appeal to international trade bodies • 25%
No significant response • 25%
Introduce new trade policies • 25%
Maintain current policies • 25%
Seek renegotiation with US • 25%
Other • 25%
Impose retaliatory tariffs • 25%
Seek negotiations • 25%
No significant action • 25%
Other response • 25%
Export taxes imposed • 25%
Critical minerals restricted • 25%
Alcohol imports barred • 25%
No significant action • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No action • 25%
Other • 25%
Canada imposes tariffs on U.S. goods • 25%
Canada negotiates trade terms with U.S. • 25%
Canada supports Mexico's stance • 25%
Canada takes no action • 25%
Cut off energy exports • 25%
Diplomatic resolution • 25%
Economic retaliation measures • 25%
No action • 25%