Canada considers tariffs on U.S. goods in response to Trump's trade threats

Canada is considering retaliatory tariffs on U.S. goods in response to President-elect Donald Trump's threat to impose 25% tariffs on Canadian products. A senior official stated that Canada is preparing for various scenarios, but no decisions have been made yet. Trump's proposed tariffs are linked to concerns about illegal immigration and drug trafficking. Canadian officials argue that the situation at the Canadian border is not comparable to the southern border and emphasize their willingness to cooperate with the U.S. on these issues. Prime Minister Justin Trudeau is convening an emergency meeting with provincial leaders to discuss trade strategies. Meanwhile, Mexico is also preparing a list of potential retaliatory tariffs if necessary.