Canada Strikes Back with Retaliatory Tariffs

CosmicTaco · 2025-02-02T10:26:32.710956+05:30

- Canada's Prime Minister Justin Trudeau announced a 25% tariff on $155 billion worth of U.S. goods in response to President Trump's tariffs on Canadian imports. - Immediate tariffs on $30 billion worth of goods will start Tuesday, with the rest following in three weeks to allow Canadian companies to adjust. - Trudeau emphasized the long-standing U.S.-Canada alliance and urged Canadians to support local products and reconsider travel plans to the U.S. Source: [Cnbc](https://www.cnbc.com/2025/02/01/canadas-justin-trudeau-announces-retaliatory-tariffs-following-trumps-executive-order.html), [Nbc News](https://www.nbcnews.com/politics/donald-trump/trudeau-retaliatory-tariffs-canada-us-trump-rcna190314), [Business Insider](https://www.businessinsider.com/trudeau-canada-retaliatory-tariffs-against-us-donald-trump-trade-war-2025-2)

Canada's Prime Minister Justin Trudeau announced a 25% tariff on $155 billion worth of U.S. goods in response to President Trump's tariffs on Canadian imports.
Immediate tariffs on $30 billion worth of goods will start Tuesday, with the rest following in three weeks to allow Canadian companies to adjust.
Trudeau emphasized the long-standing U.S.-Canada alliance and urged Canadians to support local products and reconsider travel plans to the U.S.

Source: Cnbc, Nbc News, Business Insider