As Trump signals no tariffs yet, Canadian leaders wary – National [Video]

While U.S. President Donald Trump’s team indicated Monday he wouldn’t hit Canada with damaging tariffs on his inauguration day, Canadian politicians and business groups are warning that tariffs could still be on the horizon.

“Everything is to be determined, and it will be ‘to be determined’ for the next four years,” Liberal MP John McKay, co-chair of Canada-United States inter-parliamentary group, told the Canadian Press.

“We need to be prepared should there be tariffs and Canada, I would say, is ready,” said Trade Minister Mary Ng.

Quebec Premier François Legault said he believes Trump is serious about eliminating the United States’ trade deficit with Canada and tariffs remain a real risk.

“I’m not saying that we won and it’s over with Mr. Trump,” he told reporters. “It may happen tomorrow morning.”

In November, Trump threatened to hit Canada with steep 25 per cent across-the-board tariffs in an executive order on his first day back in office.

But shortly before Trump …