Canada could impose countermeasures on up to C$150 billion worth of imports from the U.S

Info via Reuters citing an unnamed source:

• Canada could impose countermeasures on up to C$150 billion worth of imports from the U.S. if the Trump administration imposes tariffs on Canadian imports.
• It won’t necessarily impose the countermeasures; it would carry out public consultations first.
• Proposed Canadian countermeasures would be divided into three groups; Florida orange juice would be targeted immediately.
• Canada doesn’t know what Trump will do regarding tariffs, and this affects the scope of any consultations that might take place on potential countermeasures.

Happier times

This article was written by Eamonn Sheridan at www.forexlive.com.