Canada has been working to “prepare for the worst” as the country braces for a new set of tariffs from U.S. President Donald Trump that could hit as early as next week, Prime Minister Mark Carney says.
Carney spoke Tuesday while at an event in Nova Scotia, where he was campaigning as Liberal leader in the federal election but was asked about how he and the caretaker government he still leads are preparing for the April 2 tariffs.
On April 2, the U.S. is set to impose sweeping and “comprehensive” reciprocal tariffs on all its trading partners.
Trump said the tariff would differ depending on the tariffs individual countries impose on U.S. goods.
Carney was asked what Canada’s strategy should be ahead of the next round of tariffs set for April 2, which will be on top of 25 per cent tariffs imposed earlier in March and additional 25 per cent tariffs on steel and …