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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 Long-Term Wealth Growth Plan 】. 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.”

what is causing the price volatility of embassy developments limited (embdl) ✌️【Stock Opportunities】✌️ Free stock market strategies and analysis based on real-time data, empowering you to choose profitable investment options and avoid risks. Our expert predictions will help you stay in tune with the latest market trends. 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 Long-Term Wealth Growth Plan 】 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 Long-Term Wealth Growth Plan 】 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.

what is causing the price volatility of embassy developments limited (embdl) ✌️【Stock Opportunities】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. 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.

what is causing the price volatility of embassy developments limited (embdl) ✌️【Stock Opportunities】✌️ Stay informed with expert predictions of stock trends and real-time market data, covering global indices, futures, metals, and agricultural products. Make better decisions and achieve consistent growth in your investments. As Canada has faced an intensifying political crisis, Trump has piled even more pressure on the longtime US friend and ally.

what is causing the price volatility of embassy developments limited (embdl) ✌️【Stock Opportunities】✌️ Professional stock market analysis, real-time data, and expert recommendations for high-potential stocks. Take advantage of market opportunities and improve your capital growth with strategic investment plans. 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.

what is causing the price volatility of embassy developments limited (embdl) ✌️【Stock Opportunities】✌️ Free break-even services with personalized investment plans. Quickly recover from losses, avoid risks, and achieve steady growth with expert stock predictions and real-time market updates. 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.

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