Canada prepares to drop the hammer on Trump's home state amid tariff threats

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Thu, January 9, 2025

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Canada prepares to drop the hammer on Trump's home state amid tariff threats

^{Published on 2025-01-09 12:00:39 - MSN}

The Canadian government isn't taking President-elect Donald Trump's tariff threats lying down and is planning to take retaliatory measures that will hit his home state of Florida. CTV News is reporting that the Canadian government is planning a series of retaliatory tariffs that would hit American-made orange juice,

The article discusses Canada's response to potential U.S. tariffs on Canadian lumber, focusing on the implications for Michigan, referred to as "Trump's home state." Canada is preparing to retaliate with its own tariffs if the U.S. imposes duties on Canadian softwood lumber, which could significantly impact Michigan's economy due to its reliance on Canadian lumber imports. This situation arises from ongoing trade disputes where the U.S. claims that Canadian lumber is unfairly subsidized, leading to calls for protective tariffs. The Canadian government, through its trade minister, has expressed readiness to counter any U.S. tariffs with equivalent measures, potentially affecting various sectors in Michigan, including construction and manufacturing. This trade tension is part of a broader pattern of economic friction between the U.S. and Canada, with both nations preparing for economic repercussions should negotiations fail.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/news/politics/canada-prepares-to-drop-the-hammer-on-trump-s-home-state-amid-tariff-threats/ar-BB1raEuJ ]

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