Canada strikes back: Hefty tariffs hit $115 billion in US goods
Canadian Prime Minister Justin Trudeau has announced the implementation of 25% retaliatory tariffs on American goods worth 115 billion U.S. dollars. This move from Ottawa is in response to President Donald Trump's actions. Some Canadian provinces have decided to go even further.
Trudeau stated that these 25% tariffs, which affect American goods valued at 115 billion USD, are a direct response to tariffs imposed by the U.S. The tariffs will take effect on February 4 at 10 AM ET and target goods worth 22 billion USD. The remainder will be applied within 21 days.
The Canadian provinces of Nova Scotia and British Columbia have decided to take additional steps by removing American alcohol from stores within their borders.
A blow to US-Canada relations
Trudeau highlighted that the U.S. decision endangers the historic relationship between the two nations. The list of tariffs will include products such as vegetables, fruit juices, beer, wine, spirits, clothing, shoes, perfumes, household appliances, furniture, sports equipment, lumber, and plastic goods.
The Canadian Prime Minister urged citizens to support domestic products and reconsider their vacation plans. He stressed that Canada has a distinct identity and values and is prepared to defend its interests when necessary.
Trudeau has also discussed cooperation with Mexican President Claudia Sheinbaum in light of the tariffs. Additionally, provincial premiers in Canada have announced their own retaliatory measures, specifically limiting American companies' access to public procurement opportunities.
Trudeau reminded citizens of the deep historical ties with the U.S., recalling shared efforts during wars and crises. He emphasized that while Canada has consistently been an ally of the U.S., it is now compelled to safeguard its interests.
