Canada buys more US-made goods than any other country, according to US Commerce Department export data — about US$320 billion ($438.75 billion) in the first 11 months of last year. The US trade deficit on goods with Canada was US$55 billion during that period.
Justin Trudeau says Canada is ready to respond with counter-tariffs against the US if US President-elect Donald Trump follows through on his threat to begin a trade war in North America.
Speaking on MSNBC’s Inside With Jen Psaki, the outgoing Canadian prime minister said his government isn’t looking for a trade fight with the new administration but will have to retaliate if the US puts tariffs on Canadian products.
