Canada Strikes Back: Trudeau Announces 25% Tariffs on U.S. Goods 🇨🇦🇺🇸
In a bold move this weekend, Canadian Prime Minister Justin Trudeau announced that Canada will impose 25% tariffs on C$155 billion (that's about $106.5 billion USD) worth of U.S. goods. 💥
The first wave, amounting to C$30 billion, will kick in this Tuesday, with the remaining C$125 billion following in 21 days. This decision comes hot on the heels of U.S. President Trump's executive order slapping a 25% tariff on all goods from Canada and Mexico, starting Tuesday as well. Oh, and Canadian energy products? They'll face a 10% duty. 😬
Trudeau didn't mince words about the impact of these tariffs. \"The coming weeks will be difficult for Canadians,\" he acknowledged. But he also had a message for Americans: these tariffs are a double-edged sword. ⚔️
\"They will raise costs for you, including food at the grocery store, gas at the pump,\" Trudeau said, directly addressing our neighbors to the south. \"They will impede your access to an affordable supply of vital goods.\" 🛒⛽️
Among the American products feeling the pinch? Beer, wine, bourbon, and a variety of fruits and fruit juices—including orange juice from Trump's home state of Florida. 🍺🍷🍊 Say goodbye to cheap imports of clothing, sports equipment, and household appliances too. 🙅♂️
But that's not all. Canada is also considering non-tariff measures, potentially affecting critical minerals, energy procurement, and other key partnerships. 🌐
Trudeau is rallying Canadians to support local businesses and keep their vacations within Canada. \"We didn't ask for this but we will not back down,\" he declared. 🇨🇦❤️
So, if you're in Canada, maybe now's a good time to explore the beauty in your own backyard and sip some homegrown beer. Cheers to supporting local! 🍁🍻
Reference(s):
Trudeau announces 25 percent tariffs in response to Trump order
cgtn.com
