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How will Canada respond to Trump's tariffs by June 30, 2025?
2
Resolution / Starting Odds
Retaliatory tariffs • 25%
Negotiations • 25%
No action • 25%
Other • 25%
Official announcements from the Canadian government
Story
Trump to Impose 25% Tariffs on Mexico and Canada, 10% on China Day 1 to Combat Flow of Drugs and Migrants
Nov 30, 2024, 03:55 AM
President-elect Donald Trump has announced plans to impose a 25% tariff on all products imported from Mexico and Canada, alongside a 10% tariff on Chinese goods. This decision is part of his broader strategy to combat illegal immigration and drug trafficking. Trump stated that these tariffs would take effect on his first day in office and remain until the respective countries halt the flow of drugs and migrants into the United States. The announcement has raised concerns about potential price increases that could contradict his campaign promise to alleviate inflation for American families. Canada is reportedly considering possible retaliatory tariffs in response to Trump's threats.
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Retaliatory tariffs • 25%
Increased border security • 25%
Diplomatic negotiations • 25%
Other measures • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No action • 25%
Other • 25%
Impose retaliatory tariffs • 25%
Seek negotiations • 25%
No significant action • 25%
Other response • 25%
Negotiate with U.S. • 25%
Impose retaliatory tariffs • 25%
Seek WTO intervention • 25%
Other • 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%
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%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No action • 25%
Other • 25%
Export taxes imposed • 25%
Critical minerals restricted • 25%
Alcohol imports barred • 25%
No significant action • 25%
Retaliatory tariffs imposed • 25%
Increased lobbying efforts • 25%
Shift in export markets • 25%
No significant response • 25%