A source cited by Reuters, revealed thatthe Canadian government could target up to 150 billion Canadian dollars(approximately $105 billion USD) worth of US imports in response to any tariffsimposed by the incoming administration.
The source saidthat Prime MinisterJustin Trudeau recently convened with the premiers ofCanada's 10 provinces toformulate a unified response.
Experts suggest such measures couldviolate existing trade agreements and have a devastating impact on Canada,which sends 75% of its exports to the US.
Notably, the Toronto Star was the first toreport the proposed countermeasures.
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