From the OOT:

It will hurt Canada more. Canadian exports to the US amount to around $450 billion, which is much more significant to Canada in terms of GDP. $450 billion/ $2.1 trillion = approximately 20% of GDP. That’s a lot.

In comparison, US exports to Canada are around $300 billion. $300 billion/ $25 trillion = 1.2%.

That’s not significant, and any impact on US inflation would be marginal—likely in the range of two decimal points—as a consequence of Canada raising its own tariffs.

You also can’t discount the oil impact. The US is not going to pay a 25% premium for Canadian oil. Canada will likely have to absorb that loss. In this scenario, Canada is potentially in a tough spot.

Pretty much my point. This is the US exerting power over Canada and attempting to extract more economically from the Canadians.

We need to be careful, too. I’m just thinking out loud, but what if US-China relations heat up, and the administration tells us to stop selling coal and ore to China? What happens then?

China’s our largest trading partner and its a surplus. US is 4th or 5th and its deficit. You have to protect the former at all costs.