In a bold move, Canadian 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 decision comes as a direct response to the tariffs recently placed by the U.S. on Canadian and Mexican products.
Starting Tuesday, C$30 billion in tariffs will take effect, with the remaining C$125 billion following in 21 days. Trudeau addressed the nation during a news conference, emphasizing the tough times ahead for Canadians and warning that the U.S. tariffs would also negatively impact Americans.
Speaking directly to American citizens, 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.\" 🍎🥩⛽
The new Canadian tariffs will target a variety of American products, including beer, wine, bourbon, fruits, and fruit juices from Florida. Additionally, goods such as clothing, sports equipment, and household appliances will be affected.
Looking ahead, Canada is also considering non-tariff measures related to critical minerals, energy procurement, and other partnerships, according to Trudeau.
In a rallying call to Canadians, Trudeau encouraged the public to support local businesses and enjoy vacations within Canada instead of the U.S., stating, \"We didn't ask for this but we will not back down.\" 🇨🇦🛍️✈️
Reference(s):
Trudeau announces 25 percent tariffs in response to Trump order
cgtn.com