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.

Canadian Prime Minister Justin Trudeau reiterated on Tuesday that his government is ready to respond to all scenarios if U.S. President Donald Trump imposes tariffs on Canada. Asked about an uncertain timeline on possible tariffs,

Canadian leaders expressed relief Monday that broad tariffs were not applied to Canadian products on the first day of Donald Trump's presidency and that he did not mention America's major trading partner during his inaugural speech.

Canada is prepared to respond with countermeasures if US President Donald Trump imposes tariffs on Canadian goods. The American leader wants to do this on February 1, stated Prime Minister Justin Trudeau,