Prime Minister Justin Trudeau says Canada can help usher in the “golden age” promised by U.S. President Donald Trump by providing affordable resources, but tit-for-tat retaliation is also on the table if tariffs are imposed on Canadian goods.
Trudeau presented the approach on the margins of the Liberal cabinet retreat on Jan. 21. Ministers are meeting in Montebello, Que., to strategize on the new U.S. administration.
Trump was inaugurated on Jan. 20 and signed an executive order for an “America First Trade Policy.” It directs his officials to investigate U.S. trade deficits and propose solutions such as imposing tariffs.
Speaking to reporters while signing a stack of executive orders in the White House, Trump said he could impose tariffs on Canada starting on Feb. 1….