Canada's Pushback... Canadian Prime Minister Justin Trudeau announced retaliatory 25% tariffs on US goods, hours after US President Donald Trump’s announcement of steep tariffs on most Canadian goods.
“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 Canadian leader said in a news conference Saturday night.
Trudeau said “tariffs on $30 billion worth of goods” will take effect Tuesday, followed by broader tariffs in 21 days “to allow Canadian companies and supply chains to seek to find alternatives.”
Trudeau added that the tariffs will “be far-reaching and include everyday items,” such as alcohol, fruits, vegetables, clothes and shoes.
As part of the Canadian response to US tariffs, Trudeau also said states and territories are considering “several non-tariff measures.” They could include restrictions “relating to critical minerals, energy procurement and other partnerships.”
“We will stand strong for Canada. We will stand strong to ensure our countries continue to be the best neighbors in the world,” Trudeau said.
Tariffs “will have real consequences for you," Trudeau tells AmericansFrom CNN’s Helen Regan
Canadian Prime Minister Justin Trudeau spoke directly to Americans on Saturday night, warning that US President Donald Trump’s announcement of 25% tariffs on most Canadian goods “will have real consequences” for them.
“As I have constantly said, tariffs against Canada will put your jobs at risk, potentially shutting down American auto assembly plants and other manufacturing facilities,” Trudeau told Americans.
Trudeau said costs for US consumers will rise, “including food at the grocery store and gas at the pump,” and will “impede your access to an affordable supply of goods crucial for US security.”
Tariffs “will violate the free trade agreement that the president and I, along with our Mexican partner, negotiated and signed a few years ago,” Trudeau said.
He added that if America wants to usher in a new “golden age,” then “it is better to partner with us, not punish us.”
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BlackHawk McArdle
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