Canada is considering retaliatory tariffs on U.S. products if President-elect Trump follows through on imposing 25% taxes on Canadian imports to stop the flow of drugs and migrants. Previous tariffs led to a tit-for-tat response between the two countries, with Canada targeting politically impactful U.S. products like yogurt and whiskey. The Canadian government is preparing for possible tariffs while emphasizing the importance of their economic relationship with the U.S. and the potential negative impact on both countries.
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