Canada can work with US President Donald Trump’s administration to reshape global trade and weaken China’s dominance of supply chains, according to Chrystia Freeland, the Canadian politician who’s vying to replace Justin Trudeau as prime minister.

Chrystia Freeland, the former finance minister who is running to replace Justin Trudeau as Canada's prime minister, says her country needs to release a “retaliation list” of goods the country would target if U.

The Canadian candidate for prime minister said she believes Trump is smart and is threatening to impose tariffs on allies in part to pave the way for tougher policies on China.

A key candidate running to replace Justin Trudeau as Canada’s prime minister is calling for an international summit to hammer out a joint response to US President Donald Trump’s tariff and sovereignty threats.

A list of products worth 200 billion Canadian dollars (USD 139 billion) would send a message to US exporters about the harm tariffs would cause them, Freeland said in a statement.

The former finance minister said her plan calls for the immediate release of a long list of $200 billion in retaliatory tariffs to deter Trump from making good on his threat to impose 25 per cent tariffs on Canadian imports as soon as February.