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Ottawa, provinces prepared to hit U.S. 'where it hurts' over tariffs, Holt says

The article from MSN discusses the ongoing trade tensions between Canada and the United States, focusing on the potential Canadian response to U.S. tariffs. Canadian Deputy Prime Minister Chrystia Freeland has indicated that Ottawa and the provinces are ready to retaliate against the U.S. if it imposes new tariffs, particularly in response to the U.S. considering duties on Canadian softwood lumber and other goods. The article highlights that Canada has a history of responding to U.S. trade actions with countermeasures, as seen in previous disputes over steel, aluminum, and dairy products. Freeland emphasized the importance of maintaining a rules-based trading system and suggested that Canada would target U.S. exports that could significantly impact American industries, aiming to pressure the U.S. into reconsidering its tariff policies. This stance reflects Canada's strategy to defend its economic interests while advocating for fair trade practices.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/politics/government/ottawa-provinces-prepared-to-hit-u-s-where-it-hurts-over-tariffs-holt-says/ar-AA1vL47G ]