Oh snap! Canada just fired back in the trade arena! 🇨🇦💥🇺🇸
On Saturday, Canadian Prime Minister Justin Trudeau announced that Canada will impose 25% tariffs on a whopping C$155 billion ($106.5 billion) worth of U.S. goods. This bold move comes as a direct response to U.S. tariffs. Talk about a plot twist! 🎬
Trudeau revealed that C$30 billion worth of tariffs will kick in from Tuesday, with an additional C$125 billion following in just 21 days. That's some serious action! 🏃♂️💨
Earlier, President Trump had signed an executive order slapping a 25% tariff on all goods from Canada and Mexico starting Tuesday, except for Canadian energy products, which will face a 10% duty. 😲
This tit-for-tat tariff tussle is heating up! Stay tuned as we watch this trade drama unfold. 🍿✨
Reference(s):
Trudeau announces 25 percent tariffs in response to Trump order
cgtn.com
