Market
What will be Canada's response to US tariffs by June 30, 2025?
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Resolution / Starting Odds
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No significant response • 25%
Other • 25%
Official statements or actions taken by the Canadian government
Story
Trump Plans 25% Tariff on Mexico, Canada and 10% on China to Address Fentanyl and Immigration
Dec 23, 2024, 11:00 AM
President-elect Donald Trump has announced plans to impose tariffs on Mexico, Canada, and China, targeting issues of illegal immigration and the opioid crisis. Trump intends to charge a 25% tariff on all products from Mexico and Canada until the flow of drugs, particularly fentanyl, and illegal immigration is curtailed. Additionally, he plans to impose an additional 10% tariff on Chinese products, citing insufficient action from Beijing against the flow of illicit drugs into the US. These measures are part of Trump's broader strategy to address economic and security concerns, which he highlighted during his election campaign.
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Similar markets
Retaliatory tariffs • 25%
Negotiations • 25%
No action • 25%
Other • 25%
Non-tariff measures • 25%
Dollar-for-dollar tariffs • 25%
Partial tariffs • 25%
No action • 25%
Retaliatory tariffs • 25%
Negotiations initiated • 25%
No response • 25%
Other economic measures • 25%
Negotiate with U.S. • 25%
Impose retaliatory tariffs • 25%
Seek WTO intervention • 25%
Other • 25%
Other measures • 25%
Diplomatic negotiations • 25%
Increased border security • 25%
Retaliatory tariffs • 25%
Critical minerals restricted • 25%
Export taxes imposed • 25%
Alcohol imports barred • 25%
No significant action • 25%
No retaliation • 25%
Non-tariff barriers • 25%
Targeted sector-specific tariffs • 25%
Dollar-for-dollar tariffs • 25%
Non-tariff barriers • 25%
No response • 25%
Dollar-for-dollar matching tariffs • 25%
Diplomatic measures • 25%