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Outgoing Canadian Prime Minister Justin Trudeau warned that American consumers will face higher prices if President Donald Trump imposes tariffs on Canadian products, including oil, steel, and aluminum. Trudeau stated that Canada will respond with retaliatory tariffs, potentially impacting markets for autos, lumber, and oil. Despite Trump’s claims, Canada is a crucial trading partner for the U.S., supplying oil, critical minerals, and metals. If tariffs are implemented, Canada is prepared to target American orange juice, toilets, and steel products, with nearly $3.6 billion Canadian dollars worth of goods crossing the border daily.
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