Brace yourselves, folks! The trade tensions between Canada and the U.S. just got real. On Saturday, Canadian Prime Minister Justin Trudeau announced a hefty 25% tariff on a whopping C$155 billion (that's about $106.5 billion USD) worth of U.S. goods. 😱
Starting Tuesday, C$30 billion of these tariffs kick in, with the remaining C$125 billion following in just 21 days. This bold move comes as a direct response to U.S. President Donald Trump's recent executive order slapping a 25% tariff on all goods from Canada and Mexico, starting the same day—except for Canadian energy products, which will face a 10% duty. Talk about a plot twist! 🎬
Trudeau didn't hold back, warning that the coming weeks could be tough for both Canadians and Americans. He addressed our neighbors down south directly: \"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 aren't messing around. They target American favorites like beer, wine, bourbon, fruits, and fruit juices—including orange juice from Trump's home state of Florida! 🍊🥤 But that's not all. Clothing, sports equipment, and household appliances are also on the list. Time to shop local, eh? 🛍️
But wait, there's more! Trudeau mentioned that Canada is eyeing non-tariff measures too, possibly involving critical minerals, energy procurement, and other partnerships. The stakes are high! ⛏️🌐
In a rallying call to Canadians, Trudeau encouraged everyone to buy Canadian products and consider vacationing at home instead of visiting the U.S. He declared, \"We didn't ask for this but we will not back down.\" 🇨🇦🛡️
Looks like this trade saga is heating up! Stay tuned for more updates, and let's see how this unfolds. 🌎🔥
Reference(s):
Trudeau announces 25 percent tariffs in response to Trump order
cgtn.com
