The 12th of December, according to Jinshi data, Canada is currently studying the imposition of export duties on its major goods exported to the United States, including uranium, oil, and potassium fertilizer. According to officials familiar with the internal discussions of the Canadian government, export tariffs will be Canada's last resort if US President-elect Trump fulfills his promise to impose extensive tariffs. The imposition of retaliatory tariffs on US-made goods and export controls on certain Canadian products are more likely to be introduced first. However, these officials said that if Trump decides to start a full-scale trade war, imposing export taxes on Canadian goods is a practical choice. The Trudeau government may also propose expanding its power to control exports.
