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Sunday, February 2, 2025
Countering Trump tariff plan, Trudeau says Canada will impose 25% tariff on US goods
Canada’s Prime Minister Justin Trudeau says Canada will impose 25% tariffs on C$155 billion ($106.5 billion) of US goods in response to US tariffs.
C$30 billion will take effect from Tuesday and C$125 billion in 21 days, Trudeau tells a news conference.
Trump earlier signed an executive order imposing 25% tariffs on all goods from Canada and Mexico starting on Tuesday except Canadian energy products, which will be subject to a 10% duty.
Trudeau warns the tariffs will hurt the United States, a long-time ally. He encourages Canadians to buy Canadian products and vacation at home rather than in the US.
He says some non-tariff measures, including some relating to critical minerals, energy procurement and other partnerships are being looked at.
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