1. Canada plans trade retaliation against US - But what can it do to put pressure

Canada plans trade retaliation against US - But what can it do to put pressure

World

  • Canada supplies the vast majority of US natural gas and electricity imports and about 60% of crude oil imports.
  • It is also the largest customer for 26 US states - this is being looked at as an opportunity to provide it some leverage in the ongoing dispute.
  • Most Canadian provinces already banned purchase of US alcohol. The Wine Institute called it the most significant market disruption in decades.

Source: bbc.com

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