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.

Canada is considering slapping retaliatory tariffs on a slew of U.S. products including orange juice in case President-elect Donald Trump imposes a 25% tariff on goods imported from north of its border,

The Canadian government isn't taking President-elect Donald Trump's tariff threats lying down and is planning to take retaliatory measures that will hit his home state of Florida. CTV News is reporting that the Canadian government is planning a series of retaliatory tariffs that would hit American-made orange juice,