[Karah Rucker]

CANADA IS NOW CONSIDERING ITS OWN TARIFFS ON THE U.S. IN RESPONSE TO PRESIDENT-ELECT TRUMP’S TARIFF THREAT.

IN A POTENTIAL RETALIATORY MOVE –

CANADA COULD PUT TARIFFS ON UP TO 150 BILLION DOLLARS WORTH OF U.S. GOODS – AND THE IDEA OF LIMITING OIL EXPORTS TO THE U.S. IS REPORTEDLY ALSO ON THE TABLE.

PRIME MINISTER JUSTIN TRUDEAU – WHO IS STEPPING DOWN BY MARCH AFTER POLITICAL TURMOIL –

SAYS HE’S OPEN TO A “DOLLAR-FOR-DOLLAR” APPROACH –

MEANING ANY US TARIFFS WOULD LIKELY BE MET WITH SIMILAR MEASURES TARGETING U.S. IMPORTS FROM CANADA.

SOME PRODUCTS LIKE ORANGE JUICE COULD BE ON THE LIST –

AND MORE SIGNIFICANT ITEMS WITH LARGER CONSEQUENCES – SUCH AS OIL EXPORTS – ARE ALSO IN THE MIX OF DISCUSSIONS –

BUT CANADIAN POLITICIANS ARE AT ODDS OVER WHETHER TO LIMIT OIL EXPORTS TO THE U.S.

WITH THE PROVINCE OF ALBERTA BEING A KEY SOURCE OF ENERGY TO THE U.S. –

TRUDEAU ACKNOWLEDGED THESE RETALIATORY DECISIONS WOULD ULTIMATELY HURT BOTH CANADIANS AND AMERICANS.

TRUDEAU MET WITH LEADERS OF CANADIAN PROVINCES ON WEDNESDAY TO DISCUSS HOW THE COUNTRY SHOULD RESPOND IF TRUMP DOES INDEED FOLLOW THROUGH WITH A 25% TARIFF ON CANADIAN GOODS.

THOSE LEADERS AGREE TARIFFS ON OIL EXPORTS NEED TO REMAIN ON THE NEGOTIATING TABLE TO PRESSURE TRUMP NOT TO PULL THE TARIFF TRIGGER.

BUT ONE PROVINCE LEADER – WAS AT MAR-A-LAGO MEETING WITH TRUMP –

WHEN THE OTHER CANADIAN LEADERS WERE MEETING IN OTTAWA.

THE PREMIER LEADER OF OIL-RICH ALBERTA – DANIELLE SMITH – SAYING SHE WILL NOT AGREE TO EXPORT TARIFFS ON ALBERTA ENERGY.

POSTING ON X AFTER ATTENDING TRUDEAU’S MEETING VIRTUALLY FROM TRUMP’S MANSION –

“federal government officials continue to publicly and privately float the idea of cutting off energy supply to the U.S. and imposing export tariffs on Alberta energy and other products to the United States. Until these threats cease, Alberta will not be able to fully support the federal government’s plan in dealing with the threatened tariffs.”

ABOUT 80 PERCENT OF CANADA’S OIL IS EXPORTED TO THE UNITED STATES –

AND THE U.S. RELIES ON CANADA FOR MORE THAN HALF OF ITS OIL IMPORTS.

TRUMP CITED NEEDS FOR BETTER BORDER SECURITY – AND THE U.S. TRADE DEFICIT WITH CANADA – AS REASONS FOR THE POTENTIAL TARIFF. 

IN RESPONSE – CANADA HAS ALREADY BEEFED UP ITS PERSONNEL AND TECHNOLOGY AT THE BORDER – INCLUDING THE DEPLOYMENT OF BLACKHAWK HELICOPTERS AND MORE DRONES ANNOUNCED THIS WEEK.

PRESIDENT-ELECT DONALD TRUMP WILL BE INAUGURATED  MONDAY –

WITH ALBERTA’S PREMIER LEADER EXPECTED TO BE IN ATTENDANCE.

THANKS FOR WATCHING OUR NEWS UPDATE.

WE’LL CONTINUE TO FOLLOW DEVELOPMENTS OUT OF CANADA –

AND YOU CAN TOO.

DOWNLOAD OUR MOBILE APP TODAY OR VISIT US ONLINE AT SAN DOT COM.