President-elect Donald Trump's threat of tariffs against Canada has resulted in a push in the country from the worlds of academia to politics to preserve, not punish, trade with the U.S.

The federal government is readying a plan to slap tariffs on nearly every import from the US should Donald Trump follow through on his plans.

With a week remaining until Trump’s inauguration on Jan. 20, should Canadians begin stocking up on Florida orange juice, stainless steel appliances or Jack Daniel’s Tennessee Whiskey, for example?

Canadian Prime Minister Justin Trudeau said Thursday that President-elect Donald Trump’s comments about turning Canada into the United States’ 51st state are just a distraction from the consequences of Trump’s tariff threats.

Canada is drawing up plans for extensive tariffs against US products if Donald Trump follows through on his threat to put 25% levies on Canadian goods, according to people familiar with the matter.

Canadian CEOs are being asked for feedback as Canada plans to levy a tranche of retaliatory tariffs against the United States if President-elect Donald Trump makes good on his threat to apply 25% tariffs against Ottawa.

Canada is preparing to retaliate with an exhaustive list of tariffs on American goods if President-elect Trump follows through with his plans to add a steep 25% import tax on Canadian exports, people familiar with the matter told CNN.

Canada is considering retaliatory tariffs on US goods like orange juice, ceramics, and steel in response to Trump's 25% tax threat, aiming to target key products while minimizing impact on Canadian consumers.

The items under Canada's consideration include ceramics, steel and furniture, etc. US energy exports could be targeted as a ‘last resort’, officials said.