Canada is preparing to strike back hard with retaliatory tariffs if Trump starts a trade war

Canada is preparing to retaliate with an exhaustive list of tariffs on American goods if President-elect Trump follows through with his plans to add a steep 25% import tax on Canadian exports, people familiar with the matter told CNN. The preparations show how raising tariffs could kick off a trade war that will ultimately raise prices on a number of consumer goods.

​ Canada is preparing to retaliate with an exhaustive list of tariffs on American goods if President-elect Trump follows through with his plans to add a steep 25% import tax on Canadian exports, people familiar with the matter told CNN. The preparations show how raising tariffs could kick off a trade war that will ultimately raise prices on a number of consumer goods. Read More Breaking News, Latest News and Videos | CNN