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WASHINGTON — President Donald Trump said Jan. 20 that he expects to put 25% tariffs on Canada and Mexico starting Feb. 1, while declining to flesh out his plans for taxing Chinese imports.

Canada’s draft plan to retaliate against U.S. tariffs may roll out in stages, with the government preparing to hit all American steel and aluminum products with counter-tariffs if necessary.

Canada has drawn up an initial list of C$150 billion of U.S.-manufactured items that it would hit with tariffs if President-elect Donald Trump decides to levy tariffs against Canadian goods.

U.S. President-elect Donald Trump’s vow to impose 25% tariffs on imports from Canada is finally starting to disrupt Canada’s oil industry.

Canadians should be prepared to face U.S. tariffs once Donald Trump assumes the presidency next week, with no exemptions for oil, Alberta Premier Danielle Smith warned.

Canada is drawing up plans for extensive tariffs against U.S. products if President-elect Donald Trump follows through on his threat to put 25% levies on Canadian goods.

President-elect Donald Trump has justified his threat of 25% tariffs on Canada by pointing to the U.S. trade deficit. Top Canadian economists say it’s all because the U.S. wants cheap oil.

Atlas Canada acquired Mississauga, Ontario-based customs brokerage Orbit Brokers for an undisclosed sum, the Atlas World Group unit said.

Canada’s trade surplus with the U.S. widened as did its deficit with the rest of the world, underscoring the major role its biggest trading partner and southern neighbor plays in its economy.

TORONTO — Canadian Prime Minister Justin Trudeau announced his resignation Jan. 6 after nearly a decade in power, bowing to discontent over his leadership and turmoil within his government.