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What will be Canada's response to US tariffs by June 30, 2025?
2
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%
Impose retaliatory tariffs • 25%
Seek negotiations • 25%
No significant action • 25%
Other response • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
Appeal to international trade bodies • 25%
No significant response • 25%
Negotiate with U.S. • 25%
Impose retaliatory tariffs • 25%
Seek WTO intervention • 25%
Other • 25%
Retaliatory tariffs • 25%
Increased border security • 25%
Diplomatic negotiations • 25%
Other measures • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No action • 25%
Other • 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%
Export taxes imposed • 25%
Critical minerals restricted • 25%
Alcohol imports barred • 25%
No significant action • 25%
