Canada is preparing a list of potential US retaliatory tariffs and some of those could be on critical minerals, Energy and Natural Resources Minister Jonathan Wilkinson said on Thursday.

Canada could impose countermeasures on up to C$150 billion worth of U.S. imports if President-elect Donald Trump puts tariffs on Canadian goods and services, a source familiar with the matter said on Wednesday.

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.

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.

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