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According to the report, Canada will retaliate against President Donald Trump's new tariffs with 25% levies on a raft of U.S. imports, Prime Minister Justin Trudeau said on Saturday, warning Americans that Trump's actions would have real consequences for them.
The report said that as relations between the long-time allies who share the world's longest land border reach a new low, Trudeau told a news conference he was slapping tariffs on C$155 billion ($107 billion) of U.S. goods.
The report also stated that those on C$30 billion will take effect on Tuesday, the same day as Trump's tariffs, and duties on the remaining C$125 billion in 21 days, he said.
The report added that Trudeau's announcement came just hours after Trump ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China, risking a trade war that economists say could slow global growth and reignite inflation. Trump said he would impose 10% tariff on all energy imports from Canada.
Hoping the two leaders will resolve their tariff conflicts peacefully as soo as possible and no war of words or weapons to escalate.
Watch the report via the YT link.
The report said that as relations between the long-time allies who share the world's longest land border reach a new low, Trudeau told a news conference he was slapping tariffs on C$155 billion ($107 billion) of U.S. goods.
The report also stated that those on C$30 billion will take effect on Tuesday, the same day as Trump's tariffs, and duties on the remaining C$125 billion in 21 days, he said.
The report added that Trudeau's announcement came just hours after Trump ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China, risking a trade war that economists say could slow global growth and reignite inflation. Trump said he would impose 10% tariff on all energy imports from Canada.
Hoping the two leaders will resolve their tariff conflicts peacefully as soo as possible and no war of words or weapons to escalate.
Watch the report via the YT link.
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