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Market
How will Canada respond to Trump's tariff threats by June 30, 2025?
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Resolution / Starting Odds
Retaliatory tariffs • 25%
Negotiations initiated • 25%
No response • 25%
Other economic measures • 25%
Official statements or policy changes from the Canadian government
Story
Trump Plans Serious Tariffs on Canada and Mexico Over Border Security and Trade Deficit
Jan 7, 2025, 04:56 PM
Former President Donald Trump has announced plans to impose 'very serious' and 'substantial' tariffs on Canada and Mexico, citing issues with trade, border policies, and border security. Trump's statements suggest a significant shift in trade policy towards these neighboring countries, potentially impacting the existing trade agreements. He mentioned a massive trade deficit with Mexico and criticized Canada for being subsidized, claiming a figure of about $200 billion annually. Trump also hinted at the possibility of using economic force against Canada.
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Similar markets
Retaliatory tariffs • 25%
No action • 25%
Other • 25%
Negotiations • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No significant response • 25%
Other • 25%
Other measures • 25%
Increased border security • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
Impose retaliatory tariffs • 25%
Other • 25%
Seek WTO intervention • 25%
Negotiate with U.S. • 25%
Alcohol imports barred • 25%
No significant action • 25%
Export taxes imposed • 25%
Critical minerals restricted • 25%
Economic retaliation measures • 25%
No action • 25%
Cut off energy exports • 25%
Diplomatic resolution • 25%
No • 50%
Yes • 50%
