Canada reviews potential 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 tariffs on Canadian products. A senior official stated that no decisions have been made yet, but discussions are ongoing. Trump's proposed tariffs include a 25% tax on imports from Canada and Mexico, aimed at addressing issues related to drugs and migration. Canadian officials argue that linking Canada with Mexico is unfair and emphasize their willingness to cooperate with the U.S. on these matters. Prime Minister Justin Trudeau is convening an emergency meeting with provincial leaders to discuss trade strategies. Meanwhile, Mexico's President has indicated that Mexico may also consider retaliatory tariffs against the U.S.