Published Date: 01.04.2025 16:07 / Politics

Canada Warns U.S. of Tariff Response

Canada Warns U.S. of Tariff Response

Canadian Prime Minister Mark Carney declared on Tuesday that Canada will not hesitate to take action if the United States implements new tariffs on Canadian products. Speaking at a press conference, Carney emphasized his government's readiness to defend national economic interests and ensure fair treatment for Canadian industries.

“We are going to be very deliberate in terms of the measures we take to fight for Canada,” Carney said. He stated unequivocally that retaliatory actions would follow any additional tariffs imposed by the United States, particularly if those measures take effect on Wednesday as anticipated.

Carney underscored that Canadian producers and workers should not face disadvantages compared to their American counterparts. He reaffirmed his administration’s commitment to maintaining a balanced and reciprocal trade relationship with the U.S., noting that Canada has always approached trade disputes with pragmatism but will act when necessary.

The prime minister’s remarks come amid increasing trade tensions between the two countries, as Washington considers a new wave of tariffs targeting foreign imports. The potential duties have raised concerns across various sectors of the Canadian economy, prompting calls for a firm government response.

While Carney did not provide specifics on what form the retaliatory measures might take, he stressed that any response would be measured and targeted to protect Canadian economic interests without unnecessarily escalating the situation. The government is expected to consult with industry leaders and trade experts to determine the best course of action should U.S. tariffs be enacted.

Observers note that Canada’s response could involve tariffs on a range of American goods, mirroring past strategies used during earlier trade disputes. Previous confrontations, such as those during earlier U.S. tariff impositions, saw Canada respond with equivalent measures aimed at key sectors.

As the deadline approaches, businesses on both sides of the border are bracing for possible disruptions. The Canadian government’s posture signals its resolve to maintain parity in trade practices while avoiding a prolonged conflict. More details are expected following any official announcement from the U.S. administration regarding new tariffs.