Canada's Prime Minister Justin Trudeau leaves a hotel in West Palm Beach, after a meeting with U.S. President-elect Donald Trump last night at Trump's residences of Mar-a-Lago in Palm Beach, Florida, U.S., November 30, 2024. REUTERS/Carlos Barria

Canada is seriously considering imposing its own tax on the United States if the incoming Trump administration slaps tariffs on exports from north of the border. The northern neighbor is weighing retaliatory action against the U.

Trump has threatened to impose tariffs on products from Canada and Mexico if the countries don’t stop what he called the flow of drugs and migrants across southern and northern borders.