Commodities and Futures News

Canada minister says retaliatory tariffs could include critical minerals

2025.01.16 10:45

TORONTO (Reuters) – Canada is preparing a list of potential US retaliatory tariffs and some of those could be on critical minerals, Energy and Natural Resources Minister Jonathan Wilkinson said on Thursday.

© Reuters. FILE PHOTO: Canada's Minister of Energy and Natural Resources Jonathan Wilkinson speaks during Question Period on Parliament Hill in Ottawa, Ontario, Canada, December 17, 2024.  REUTERS/Patrick Doyle/File Photo

Wilkinson said that Canada was looking at points of leverage that will create maximum pressure on the United States to come to table to find a resolution to the tariff issue.

Canada could impose countermeasures on up to C$150 billion ($105 billion), a source familiar with the matter said on Wednesday.



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