Canadian Prime Minister Justin Trudeau announced retaliatory tariffs against the US in response to President Donald Trump's tariffs on Canadian imports. Trudeau stated that Canada will be imposing 25% tariffs on $155 billion worth of American goods, with immediate tariffs on $30 billion worth of goods starting Tuesday and further tariffs on $125 billion worth of products in 21 days. These tariffs come after Trump implemented 25% tariffs on Canadian goods imported to the US, citing efforts to curb the fentanyl crisis.
Canadian Prime Minister Justin Trudeau on Saturday announced retaliatory tariffs against the US in response to President Donald Trump's tariffs on Canadian imports, which were implemented earlier in the day.'Tonight, I am announcing Canada will be responding to the US trade action with 25% tariffs against 155 billion dollars worth of American goods,' Trudeau said during a press conference.
'This will include immediate tariffs on $30 billion worth of goods as of Tuesday, followed by further tariffs on $125 billion worth of American products in 21 day's time to allow Canadian companies and supply chains to seek to find alternatives.'Canada's tariffs come after Trump made good on an oft-repeated campaign pledge, implementing 25% tariffs on Canadian goods imported to the US in what he described as an effort to curb the fentanyl crisis.
TRADE WAR TARIFFS CANADA UNITED STATES FENTANYL
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