Nevertheless, matching tariffs dollar-for-dollar would turn out to be impractical if the US imposes restrictions on a variety of products, together with Canadian oil.
In such a situation, Trudeau’s authorities would take into account different insurance policies to encourage the lifting of US tariffs. Export taxes, as an illustration, may elevate prices for US shoppers by making use of surcharges on Canadian power and significant mineral exports.
Export taxes, nonetheless, have confronted resistance from Canada’s western provinces.
Alberta Premier Danielle Smith publicly opposed any measures that would have an effect on power exports, refusing to signal a joint assertion from a current assembly between Trudeau and Canada’s provincial leaders.
She acknowledged on social media: “We are going to take no matter actions are wanted to guard the livelihoods of Albertans from such damaging federal insurance policies.”
