BRUSSELS—President-elect Donald Trump’s tariff warnings are forcing Europe to confront an unwanted trade-off: Keep its own tariffs low and shoulder the economic costs, or throw up new barriers in a bid to protect vulnerable industries.

Canada's foreign minister on Friday warned Americans they will be paying a “Trump tariff tax” if President-elect Donald Trump follows through with a threat to impose a 25% tariff on all Canadian goods.

Canada is prepared to respond to US trade tariffs if President Donald Trump follows through on his threats immediately after his inauguration, Reuters reports. If Trump proceeds with his threats, it could severely impact the economy,

Of course we will retaliate’: Canada’s FM responds to Trump’s tariff threats Canada is prepared to retaliate if President-elect Donald Trump imposes tariffs on the country. Canada's Foreign Minister,