Canada may tax uranium, oil, and potash exports to the U.S. if Trump enacts broad tariffs.

Canada is considering imposing export taxes on uranium, oil, and potash if President-elect Donald Trump imposes broad tariffs on Canadian goods. This move would be a last resort, following potential retaliatory tariffs and export controls. Canada is the main supplier of these commodities to the U.S., and such taxes could raise costs for American consumers and farmers, potentially affecting U.S. nuclear plants and agriculture.

December 12, 2024
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