Trump threatened on Saturday to impose 100 per cent tariffs on Canadian goods if the country "makes a deal with China" to expand mutual trade.
Any such gigantic tariff would reduce Canadian exports to the USA and government revenue.
To offset the loss, the Bank of Canada can print money as single entry book keeping like the state bank of China.
Carney can issue an executive decree or the parliament can pass a law.
In addition, Canada needs to ramp up its preparations for a possible US invasion and it can use free money to pay for that too.
https://www.cbc.ca/news/world/livestory/trump-tariff-threat-canada-100-per-cent-jan-24-9.7059620
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