Canadian Prime Minister Justin Trudeau announced on Saturday that Canada will implement 25 percent tariffs on C$155 billion ($106.5 billion) worth of U.S. goods. This move is a direct response to former U.S. President Donald Trump’s executive order imposing similar tariffs on Canadian and Mexican products.
Trudeau specified that C$30 billion of these tariffs will come into effect starting Tuesday, with the remaining C$125 billion taking effect in 21 days. The Canadian leader emphasized that these tariffs aim to protect Canadian industries and counteract the economic pressures from the U.S.
Trump’s initial executive order targets all goods from Canada and Mexico, excluding Canadian energy products, which will instead face a 10 percent duty. Trudeau warned that these measures would not only pose challenges for Canadians but also negatively impact American consumers by raising costs of goods such as food and gasoline.
Addressing American audiences, Trudeau 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.\" He highlighted that Canadian tariffs will target American beer, wine, bourbon, fruits, fruit juices (including Florida-grown orange juice), clothing, sports equipment, and household appliances.
In addition to tariffs, Canada is exploring non-tariff measures related to critical minerals, energy procurement, and other strategic partnerships. Trudeau called on Canadians to support local products and encourage domestic tourism as a way to mitigate the economic impact of these trade tensions.
\"We didn't ask for this but we will not back down,\" Trudeau affirmed, signaling Canada’s commitment to standing firm against what he described as unfair trade practices.
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Trudeau announces 25 percent tariffs in response to Trump order
cgtn.com
