Market
Which Canadian leader will most strongly oppose Trump's tariffs by March 31, 2025?
2
Resolution / Starting Odds
Mélanie Joly • 25%
Justin Trudeau • 25%
Jean Chrétien • 25%
Other • 25%
Public statements reported by credible news sources
Story
Canada Readies Retaliatory Tariffs, Including on Energy, Amid Trump's 25% Tariff Threat
Jan 12, 2025, 01:57 AM
Canada is preparing to implement retaliatory tariffs against the United States in response to potential 25% tariffs threatened by President-elect Donald Trump on Canadian exports. In preparation, Canada has developed a comprehensive list of American products that could be targeted, including steel, ceramics, and Florida orange juice. Foreign Affairs Minister Mélanie Joly has stated that all options, including cutting off energy exports to the U.S., are being considered. This comes as Trump has also made remarks about Canada potentially becoming the 51st state, which has been met with strong opposition from Canadian leaders, including former Prime Minister Jean Chrétien, who described the idea as an insult to Canadian sovereignty.
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No action • 25%
Retaliatory tariffs • 25%
Negotiations • 25%
Other • 25%
Increased border security • 25%
Diplomatic negotiations • 25%
Other measures • 25%
Retaliatory tariffs • 25%
Non-tariff measures • 25%
Partial tariffs • 25%
Dollar-for-dollar tariffs • 25%
No action • 25%
No response • 25%
Other economic measures • 25%
Negotiations initiated • 25%
Retaliatory tariffs • 25%
Negotiate with U.S. • 25%
Other • 25%
Seek WTO intervention • 25%
Impose retaliatory tariffs • 25%
25% tariff on Canadian goods • 33%
10% tariff for all countries • 33%
Escalating tariff starting low • 34%
Retaliatory measures announced • 25%
Legal action pursued • 25%
Diplomatic talks initiated • 25%
No action taken • 25%
Withdrawn • 25%
Partially implemented • 25%
Implemented with full effect • 25%
Not implemented • 25%
