Canada is preparing billions of dollars in retaliatory import taxes on American products if President-elect Donald Trump follows through on his tariff threats. Outgoing Prime Minister Justin Trudeau said the potential retaliation would be spread across the whole of the U.

The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.

Everything is on the the table,” Prime Minister Justin Trudeau warned Wednesday, though not all premiers agree.