In a bold response to escalating trade tensions, Canadian Prime Minister Justin Trudeau announced on Saturday that Canada will impose a 25% tariff on C$155 billion (approximately $106.5 billion USD) worth of United States goods. The move comes after President Donald Trump signed an executive order imposing 25% tariffs on all goods from Canada and Mexico, effective from Tuesday, with the exception of Canadian energy products, which will face a 10% duty.
\"We didn't ask for this but we will not back down,\" Trudeau declared during a press conference, signaling Canada's firm stance against the U.S. trade measures. He outlined that C$30 billion in tariffs would take effect immediately on Tuesday, with the remaining C$125 billion to be implemented in 21 days.
Impact on Everyday Americans
Addressing American citizens directly, Trudeau warned that the tariffs would have a tangible impact on their daily lives. \"They will raise costs for you, including food at the grocery store and gas at the pump. They will impede your access to an affordable supply of vital goods,\" he stated.
The Canadian tariffs are strategically targeted at a range of U.S. products, including beer, wine, bourbon, clothing, sports equipment, and household appliances. Notably, they also include fruits and fruit juices, such as orange juice from Florida—President Trump's home state.
Exploring Further Measures
Beyond tariffs, Canada is considering additional non-tariff measures that could affect critical minerals, energy procurement, and other bilateral partnerships. Trudeau encouraged Canadians to show solidarity by purchasing domestic products and choosing to vacation within Canada rather than in the United States.
Trade Relations at a Crossroads
The escalation marks a significant moment in Canada-U.S. relations, highlighting the complexities of international trade policies and their far-reaching effects. As both nations brace for the economic implications, the coming weeks are expected to be challenging for businesses and consumers on both sides of the border.
Trudeau emphasized the importance of standing firm in the face of economic pressure, asserting Canada's commitment to protecting its national interests. \"The coming weeks will be difficult for Canadians, but we will stand together in solidarity,\" he affirmed.
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Trudeau announces 25 percent tariffs in response to Trump order
cgtn.com
