Canada’s Trudeau announces tariffs on US in retaliation for Trump’s tariffs

Canada's Trudeau Announces Tariffs On Us In Retaliation For Trump's Tariffs

 Canada's Prime Minister Justin Trudeau addresses media following the imposition of a raft of tariffs by U.S. President Donald Trump against Canada, Mexico and China, in Ottawa, Feb. 1. AP-Yonhap

Canada’s Prime Minister Justin Trudeau addresses media following the imposition of a raft of tariffs by U.S. President Donald Trump in opposition to Canada, Mexico and China, in Ottawa, Feb. 1. AP-Yonhap

Canada will retaliate in opposition to President Donald Trump’s new tariffs by imposing 25 p.c tariffs U.S. items from drinks to home equipment, Prime Minister Justin Trudeau stated on Saturday.

As relations between the long-time allies who share the world’s longest land border attain a brand new low, Trudeau advised a information convention he was slapping tariffs on C$155 billion ($107 billion) of U.S. items. These on C$30 billion will take impact on Tuesday, the identical day as Trump’s tariffs, and duties on the remaining C$125 billion in 21 days, he stated.

Trudeau’s announcement got here simply hours after Trump ordered 25 p.c tariffs on Canadian and Mexican imports and 10 p.c on items from China, risking a commerce warfare that economists say might gradual international development and reignite inflation.

Trudeau warned the approaching weeks can be troublesome for Canadians and that Trump’s tariffs would additionally harm Individuals.

Addressing Individuals, he stated: „They’ll elevate prices for you, together with meals on the grocery retailer, gasoline on the pump. They’ll impede your entry to an reasonably priced provide of important items.“

The Canadian chief stated tariffs would come with American beer, wine and bourbon, in addition to fruits and fruit juices, together with orange juice from Trump’s house state of Florida. Canada would additionally goal items together with clothes, sports activities tools and family home equipment.

Canada is contemplating non-tariff measures, probably regarding essential minerals, power procurement and different partnerships, Trudeau stated.

Trudeau inspired Canadians to purchase Canadian merchandise and trip at house quite than within the U.S. „We did not ask for this however we won’t again down,“ Trudeau stated. (Reuters)

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