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Canada Weighs Export Taxes on Uranium, Oil If Trump Starts Trade War


Published on 2024-12-13 01:00:44 - MSN
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  • Canada is examining the use of export taxes on major commodities it exports to the US
  • including uranium, oil and potash
  • if incoming President Donald Trump carries out his threat to impose broad tariffs.

The article from MSN discusses Canada's potential response to a trade war initiated by former U.S. President Donald Trump, should he return to office. Canada is considering imposing export taxes on key commodities like uranium and oil as a retaliatory measure. This strategy comes in light of Trump's previous threats to impose tariffs on Canadian goods, particularly automobiles, during his tenure. The Canadian government is preparing these measures to protect its industries and ensure economic stability in the face of possible aggressive U.S. trade policies. The article highlights the ongoing tension in trade relations between the two countries and the proactive steps Canada is contemplating to safeguard its economic interests.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/canada-weighs-export-taxes-on-uranium-oil-if-trump-starts-trade-war/ar-AA1vKUzA ]