Canada strikes back: Trudeau imposes tariffs in response to US trade restrictions
Canadian Prime Minister Justin Trudeau has taken decisive action in response to US President Donald Trump’s sweeping trade restrictions on Canadian imports, escalating tensions between the two North American allies. In a bold move aimed at protecting Canada’s economic interests, Trudeau announced a 25% tariff on $155 billion worth of American goods, marking a significant shift in the trade relationship between the two nations.
Speaking at a press conference on February 1, Trudeau stated, “Tonight, I am announcing Canada will be responding to the US trade action with 25% trade tariffs against $155 billion worth of American goods.” The first wave of these retaliatory tariffs, covering $30 billion worth of American products, will take effect on February 4, while additional measures will be rolled out over the next 21 days to allow Canadian businesses to adapt to the new trade environment.
The range of affected goods includes alcohol, fruits, vegetables, clothing, and shoes-items that are part of everyday consumption in Canada. In addition to direct tariffs, the Canadian government is also exploring non-tariff measures, which could involve restrictions on critical minerals, energy procurement, and other trade partnerships.
Trudeau reassured Canadians that the government was taking necessary steps to defend national interests. “We will stand strong for Canada,” he said, adding, “We will stand strong to ensure our countries continue to be the best neighbors in the world.” He also encouraged citizens to support domestic businesses, emphasizing the importance of economic resilience in the face of the trade dispute.
The US president’s decision to impose a 25% tariff on nearly all Canadian imports was announced earlier on February 1. The White........
© Blitz
