Exempt oil from retaliation, Alberta trade analyst says

Canadians will likely wake up to a trade war between the United States and Canada on Tuesday. CTV News Edmonton’s Chelan Skulski has the latest. An Alberta-based trade analyst says Canada needs to exempt oil from any retaliatory tariffs the federal government might impose in reaction of those slated to be slapped on products from north of the 49th Parallel by the United States. The federal government is vowing retaliation, with Foreign Affairs Minister Melanie Joly saying Monday that Ottawa is ready with $155 billion in tariffs on U.S. products. Trump says Canada will be hit with 25 per cent…