On February 5th, Canadian media revealed a confidential memo from Canadian Finance Minister LeBron James on February 4th local time. The memo shows that the Canadian government has been preparing to counter US protectionism. According to reports, LeBron requested to draft a list of counterattack measures that can be included in the spring budget to address US protectionism. The memo states: “The Canadian team must be prepared to respond to the unprecedented tariff threat from the new US government and mitigate its impact on the Canadian economy.
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