BRUSSELS—President-elect Donald Trump’s tariff warnings are forcing Europe to confront an unwanted trade-off: Keep its own tariffs low and shoulder the economic costs, or throw up new barriers in a bid to protect vulnerable industries.

Canada’s foreign minister is warning Americans they will be paying a “Trump tariff tax” if President-elect Donald Trump follows through with a threat of imposing a 25% tariff on all Canadian goods.

Canada is prepared to retaliate if President-elect Donald Trump imposes tariffs on the country. Canada’s Foreign Minister, Mélanie Joly, says if Trump does this, “he’s starting a trade war.”

Canada on Friday (Jan 17) issued a stark warning to the United States, promising that the nation would be hit with a "Trump tariffs tax" if US president-elect Donald Trump follows through on his plan to impose 25 per cent tariffs on Canadian imports.

Canada is prepared to respond to US trade tariffs if President Donald Trump follows through on his threats immediately after his inauguration, Reuters reports. If Trump proceeds with his threats, it could severely impact the economy,

Prime Minister Justin Trudeau met with his new Council on Canada-U.S. Relations seeking advice as Canada prepares to retaliate if president-elect Donald Trump imposes punishing tariffs on Canadian imports.

Of course we will retaliate’: Canada’s FM responds to Trump’s tariff threats Canada is prepared to retaliate if President-elect Donald Trump imposes tariffs on the country. Canada's Foreign Minister,