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Canada trade minister: Tariffs on Canada will make things more expensive for Americans
If President-elect Donald Trump follows through with his threat to impose tariffs on Canadian goods, Ottawa is prepared to retaliate with levies that could take aim at the energy sector, Canada’s minister of international trade, Mary Ng, said Thursday.
“Everything is on the table,” Ng told global markets reporter Seema Mody on CNBC’s “Squawk on the Street.”
This includes dollar-to-dollar retaliation. Canada’s trade chief also refused to rule out an export tax on Canadian oil and gas bound for the United States.
“I don’t actually think Americans want us to not be selling electricity, oil and gas to America, because you know, I’m here in New York, the lights on Broadway, lots of it is Canadian electricity,” said Ng.
“If you’re going to put tariffs on Canada, what it actually will do is make things more …