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Ottawa braces for economic impact as Canada prepares coordinated response to looming U.S. trade measures
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Deputy Prime Minister and Finance Minister Mark Carney is set to meet with provincial premiers and key cabinet ministers following a renewed tariff threat from former U.S. President Donald Trump. The sudden escalation in trade tensions has prompted Ottawa to prepare for possible retaliatory measures and economic contingency planning.
The high-level meetings will focus on assessing the potential impact of the proposed tariffs on Canadian industries, particularly steel, aluminum, and automotive sectors — all of which have been targeted in the past. Officials say the discussions will also cover diplomatic options, domestic protections, and long-term strategies to shield Canada’s economy from political trade shocks.
Trump’s latest threat, posted on social media, hinted at steep tariffs aimed at countries he claims are undermining U.S. economic interests — with Canada reportedly high on the list. The move comes amid heightened election rhetoric south of the border and a broader realignment of U.S. trade priorities.
Carney has called for a united front in the face of uncertainty, emphasizing the need for provinces and the federal government to work together. “We will protect Canadian jobs and industries with every tool available,” he stated.
Business leaders and trade unions have voiced concern, urging Ottawa to act decisively to prevent disruption. With supply chains already stretched, another wave of tariffs could have ripple effects across manufacturing, agriculture, and consumer goods.
As talks unfold, all eyes remain on the evolving U.S. political landscape and Canada’s readiness to respond with resilience and strategy.