In a significant move on Saturday, Canadian Prime Minister Justin Trudeau announced that Canada will impose a 25 percent tariff on C$155 billion ($106.5 billion) worth of U.S. goods. The tariffs are set to take effect in two phases, with C$30 billion applied starting Tuesday and the remaining C$125 billion implemented within the next 21 days.
This decision comes as a direct response to President Trump's executive order, which imposed a 25 percent tariff on all goods from Canada and Mexico beginning Tuesday, excluding Canadian energy products that will face a 10 percent duty.
Trudeau cautioned that the upcoming weeks would present challenges for Canadians and emphasized that Trump's tariffs would also have adverse effects on Americans. Addressing the U.S. audience, he stated, \"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.\"
The Canadian tariffs will target a variety of American products, including beer, wine, bourbon, fruits, fruit juices such as Florida's orange juice, clothing, sports equipment, and household appliances.
Beyond tariffs, Canada is exploring additional non-tariff measures that may involve critical minerals, energy procurement, and other strategic partnerships. Trudeau urged Canadians to support domestic products and consider vacationing within Canada instead of the U.S., adding, \"We didn't ask for this but we will not back down.\"
Reference(s):
Trudeau announces 25 percent tariffs in response to Trump order
cgtn.com
