The trade tensions between Canada and the United States escalated on Tuesday as Canadian Prime Minister Justin Trudeau announced retaliatory tariffs on the US. Trudeau’s administration has decided to impose a 25% tariff on imports worth 30 billion Canadian dollars from the US.
Justin Trudeau described the American tariffs as “inconsistent and unnecessary,” emphasizing that his government will take steps against this decision under the World Trade Organization and the US-Mexico-Canada Trade Agreement.
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Canada-Mexico hit by 25% tariff
This move is a direct response to President Donald Trump's imposition of a 25% tariff on imports from Canada and Mexico. Trump had already announced comprehensive tariffs on US exports starting Tuesday. Trudeau labeled this action as 'unjust' and vowed that Canada will provide a necessary response.
Canada to announce an additional 25% tariff!
Justin Trudeau stated, “In the first phase, a 25% tariff is imposed on approximately 30 billion Canadian dollars (US 20.6 billion) worth of American goods. This decision takes effect according to American time at 12:01 AM.”
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The trade tensions intensified when Trudeau confirmed that another round of 25% tariffs is scheduled within three weeks, targeting 125 billion Canadian dollars’ worth of American goods. The second phase aims at crucial industries, including automobiles, steel, and aluminum.
Justin Trudeau declared, “Our tariffs will remain in place until the US revokes its trade decisions.” He further added, “If US tariffs persist, we are actively discussing non-tariff measures with provinces and territories.”
