Jinshi data news on December 13th, it is reported that Canada is currently studying the imposition of export taxes on its major exports to the United States, including uranium, oil, and potash. According to officials familiar with the discussions within the Canadian government, export tariffs will be Canada’s last resort if (US President-elect Trump fulfills his promise to impose broad tariffs). It is more likely that retaliatory tariffs will be imposed on US-made goods and export controls will be imposed on certain Canadian products. However, these officials have stated that if Trump decides to launch a comprehensive trade war, Canada imposing export taxes on goods is a practical option. The Trudeau government may also propose to expand its power to control exports.
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