Canada’s government, provinces unite to address Trump’s threat of tariffs:: November 27, 2024:: Ottawa, Canada:: Chrystia Freeland, Canadian Finance Minister"It was a really good, really important meeting.

A government official says Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to impose sweeping tariffs on Canadian products.

One of the biggest consequences of a tariff on imports from Canada would be pricier lumber, though traders haven't flinched at Donald Trump's threat of 25% tariffs on goods that cross the northern border.