🇨🇦 Canada is hitting back! Prime Minister Justin Trudeau announced on Saturday that Canada will impose a 25% tariff on C$155 billion ($106.5 billion) worth of U.S. goods. This move comes as a direct response to President Trump's recent tariff orders.
Starting Tuesday, C$30 billion worth of American products will face the new tariffs, with the remaining C$125 billion following in 21 days. Trudeau warned that while the coming weeks might be tough for Canadians, Trump's tariffs would also bring challenges for Americans.
Addressing our neighbors down south, Trudeau said, \"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 are set to include American beer, wine, and bourbon—sorry whiskey fans! 🥃 Fruits and fruit juices, like the famous Florida orange juice 🍊 from Trump's home state, are also on the list. Other items such as clothing, sports equipment, and household appliances won't be spared either.
Canada is also considering other moves, like tweaking critical minerals agreements, energy procurement, and other partnerships. Seems like everything's on the table! 📝
Trudeau urged Canadians to support local businesses and consider vacationing within Canada instead of heading to the U.S. \"We didn't ask for this but we will not back down,\" he declared.
Trade tensions are heating up 🔥. How will this affect your next shopping list or travel plans? Time to keep a close eye on this developing story!
Reference(s):
Trudeau announces 25 percent tariffs in response to Trump order
cgtn.com
