The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.

Outgoing Canadian Prime Minister Justin Trudeau says that “nothing is off the table” when it comes to responding to proposed tariffs by U.S.

Trump's proposed move would be crippling for the economy, given Canada sends 75% of all goods and services exports to the United States. "Nothing can be off the table if the U.S. continues to choose to move forward with these punishing tariffs,

Outgoing Canadian Prime Minister Justin Trudeau has announced the formation of a Canada-U.S. relations council to support the federal government as it deals with incoming U.S. President Donald Trump's threat to impose a 25% tariff on all imports from Canada.