Canadian Prime Minister Justin Trudeau has announced that Canada will impose 25% tariffs on C$155 billion (US$106.5 billion) worth of U.S. goods, in direct response to new tariffs imposed by U.S. President Donald Trump. The first wave of tariffs, affecting C$30 billion worth of goods, will take effect on Tuesday, with the remaining C$125 billion following in 21 days.
Speaking at a news conference, Trudeau warned that the coming weeks would be challenging for Canadians but emphasized that the U.S. tariffs would also have negative repercussions for Americans. \"They will raise costs for you, including food at the grocery store, gas at the pump. They will impede your access to an affordable supply of vital goods,\" he addressed Americans directly.
The Canadian tariffs will target a range of American products, including beer, wine, bourbon, fruits, and fruit juices—specifically orange juice from Florida, President Trump's home state. Other targeted goods include clothing, sports equipment, and household appliances.
In addition to tariffs, Canada is considering non-tariff measures that could impact critical minerals, energy procurement, and other partnerships. Trudeau also encouraged Canadians to support domestic products and consider vacationing within Canada rather than traveling to the U.S. \"We didn't ask for this but we will not back down,\" he asserted.
This development marks a significant escalation in trade tensions between the two nations, with potential implications for global markets and supply chains. Both Canada and the U.S. are key players in international trade, and their actions may influence economic dynamics beyond North America.
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Trudeau announces 25 percent tariffs in response to Trump order
cgtn.com
