Canada’s governing Liberal Party will announce the country’s new prime minister March 9 after a leadership vote that follows the resignation of Justin Trudeau this week.

Canada's Liberal Party said late on Thursday it will choose a new leader on March 9 to replace Prime Minister Justin Trudeau. Trudeau announced on Monday that he will step down in the coming months after nine years in power,

The frontrunners for the Liberal leadership are former central banker Mark Carney and ex-Finance Minster Chrystia Freeland.

Canada is looking at putting retaliatory tariffs if President-elect Donald Trump follows through with his threat to impose 25 percent tariffs on all Canadian products.

Canada is looking at putting retaliatory tariffs on American orange juice, toilets and some steel products if Trump follows through with his tariff threat.

Orange juice is largely produced in Trump's home state of Florida. Other items under consideration include ceramic goods, some steel products, glassware, and a slew of plastic articles, The Globe and Mail said,