What goes into crafting retaliatory tariffs that can inflict damage? – National [Video]

With just days to go before Donald Trump becomes U.S. president once again, Ottawa has been looking at a list of options that could face retaliatory tariffs if he imposes 25 per cent tariffs on all Canadian goods.

Reports of the potential list began emerging in media reports citing sources in November. In recent days, Canadian outlets including Global News confirmed that there are a range of items currently being considered.

Among those are items like orange juice from Florida and steel from Michigan and Pennsylvania, but those are a small number of examples on the extensive list being considered, Global News has learned.

Experts say a proportional response from Canada to whatever is imposed by Trump is looking likely.

“For sure we’re going to have tariffs imposed on us by the Trump administration. The question now is how long will they last? Canada’s probably going to retaliate because they need to be seen to be doing something,” …