Market
How will Canada respond to Trump's tariffs by June 30, 2025?
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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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Similar markets
No response • 25%
Retaliatory tariffs • 25%
Other economic measures • 25%
Negotiations initiated • 25%
Retaliatory tariffs • 25%
Other • 25%
No significant response • 25%
Diplomatic negotiations • 25%
No action • 25%
Non-tariff measures • 25%
Partial tariffs • 25%
Dollar-for-dollar tariffs • 25%
Diplomatic negotiations • 25%
Other measures • 25%
Retaliatory tariffs • 25%
Increased border security • 25%
Other • 25%
Seek WTO intervention • 25%
Negotiate with U.S. • 25%
Impose retaliatory tariffs • 25%
Dollar-for-dollar matching tariffs • 25%
Non-tariff barriers • 25%
Diplomatic measures • 25%
No response • 25%
Withdrawn • 25%
Implemented with full effect • 25%
Partially implemented • 25%
Not implemented • 25%
No significant action • 25%
Export taxes imposed • 25%
Critical minerals restricted • 25%
Alcohol imports barred • 25%
Diplomatic Negotiations • 25%
No Action • 25%
Impose Tariffs • 25%
Other Measures • 25%