If the president-elect imposes 25 percent tariffs on Canadian goods, Ottawa may cut off energy supplies or impose its own tariffs.

The IMF says the benefits of removing these internal trade barriers would be huge. It estimates that if trade in goods was fully liberalized, real gross domestic product per capita would increase by 4 per cent nationally, with internal trade volumes rising to the level of Canada’s international trade.

Premiers from across the country are discussing how to respond to promised tariffs on Canadian products from incoming US president Donald Trump. The looming threat of tariffs already has some Manitobans concerned.