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moxsh overseas educon limited (moxsh) ✌️【Investment Risk】✌️ Professional analysis of stock market dynamics with real-time data for India stocks, US stocks, and European stocks to help you make precise decisions. Canada is preparing to retaliate with an exhaustive list of tariffs on American goods if President-elect Donald Trump follows through with his plans to add a steep 25% import tax on Canadian goods, people familiar with the matter told 【 - Free Smart Money Group 】. The preparations show how raising tariffs could kick off a trade war that will ultimately raise prices on a number of consumer goods around the world.

Canadian officials are working on a list of dozens of American products that the United States exports to Canada, targeting items that both send a political message and inflict a reasonable amount of economic damage, two sources said.

Included in the list of items considered for tariffs are ceramic products, steel products, furniture, certain alcoholic beverages like Bourbon and Jack Daniels whiskey, orange juice and pet food, among other goods, the people familiar with the plans told 【 - Free Smart Money Group 】. American energy exports are also on the list, and – as a last resort – Canada could levy a tax on the energy products Canada exports to the United States.

But the sources cautioned that nothing has been decided yet, and the list could ultimately change or not be imposed at all.

“I think we have to be ready,” said Melanie Joly, Canada’s foreign minister, during a press briefing in Ottawa Friday, as she was going into a cabinet meeting to discuss the list of retaliatory tariffs.

“I think that when President Trump talks, we listen, and we need to take him very seriously,” Joly said, adding that it was important for the president-elect and the people advising him to know there would be consequences if he imposes tariffs on Canadian products and that Canada has “leverage.”

moxsh overseas educon limited (moxsh) ✌️【Investment Risk】✌️ Precise stock selection service to help you avoid losses and quickly recover and grow. Provides real-time global market, metals, energy, and agricultural product data to assist you in making informed decisions. The tariffs could deal a blow to Canadian businesses, which are preparing for a trade war with the United States, according to Goldy Hyder, CEO of the Business Council of Canada. Hyder told 【 - Free Smart Money Group 】 that his membership, which includes Canada’s top CEOs, have only recently been consulted by the government and are being asked for input on retaliatory tariffs.

“We need to carefully articulate how we would respond,” Hyder said. “Some have said we should just simply mirror their tariffs, others have said we should be more temperate in our response to get their attention, others have said we should ‘swing big’ and respond with great strength.”

Hyder told 【 - Free Smart Money Group 】 that Canadian business leaders have been preparing for a Trump presidency for nearly a year, but he noted that the implications of each strategy are still being analyzed.

moxsh overseas educon limited (moxsh) ✌️【Investment Risk】✌️ Professional investment advisors provide real-time market data to help you analyze stock trends and select high-potential stocks, increasing capital growth. The announcement seemed designed to show that Ottawa is unafraid to get into a full-blown trade war, one that would deliver real economic pain to US workers, firms and allies of Trump.

Canadian Prime MinisterJustin Trudeau announced plans to resignearlier this week, following a mounting set of crises, including tariff threats from Trump.

moxsh overseas educon limited (moxsh) ✌️【Investment Risk】✌️ Free stock selection service with precise predictions of high-potential stocks to help you stay ahead in the market. As Canada has faced an intensifying political crisis, Trump has piled even more pressure on the longtime US friend and ally.

moxsh overseas educon limited (moxsh) ✌️【Investment Risk】✌️ Expert market predictions with real-time global market, futures, metals, and energy data to help you stay in tune with market trends. Trump has vowed to impose 25% tariffs on Canada on his first day in office unless Ottawa addresses his concerns about the flow of illegal drugs across the border.

moxsh overseas educon limited (moxsh) ✌️【Investment Risk】✌️ Free break-even services with professional advisors to help you quickly recover and avoid losses, achieving steady growth. Trump has argued that the best way for Canada to avoid the pain of US tariffs would be to join the United States.

“If Canada merged with the US, there would be no Tariffs, taxes would go way down, and they would be TOTALLY SECURE from the threat of the Russian and Chinese Ships that are constantly surrounding them,” Trump said in aTruth Social poston Monday.

Canada is the United States’ largest trading partner. The United Statesimported $419 billion worth of Canadian goodsin 2023, including everything from lumber and cement to cars and minerals. Canada is also the largest source of foreign oil into the United States.

During a press conference on Tuesday, Trump would not rule out using “economic force” to make a merger with Canada possible and said the United States doesn’t “need” anything made in Canada.

“They have a very small military. They rely on our military. It’s fine, but they’ve got to pay for that,” Trump said.

moxsh overseas educon limited (moxsh) ✌️【Investment Risk】✌️ Real-time global market indices and futures data to help you capture market opportunities and achieve stable growth. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Smart Money Group 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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