Canada will impose tariffs on American goods in response to the trade war initiated by Trump
Canada will impose a 25 percent tariff on $155 billion worth of American goods in response to the trade war initiated by Donald Trump. This was announced by the country's Prime Minister Justin Trudeau.
Initially, the tariffs will apply to $30 billion worth of goods, and after 21 days, they will be applied to the remaining $125 billion worth of goods. Additionally, Canada will file a complaint against the US with the World Trade Organization.
“The US has started a trade war against Canada — a close partner and ally, a friend. At the same time, they are calming Vladimir Putin — a liar, a murderous dictator, while talking about positive cooperation with Russia,” Trudeau said.
Justin Trudeau added that Canadians are “smart and polite,” but if the country and its citizens' well-being is at risk, they “will not shy away from a fight.”
“Donald! During our more than eight years of cooperation, we have accomplished many great things… I usually don’t join The Wall Street Journal, but Donald, even if they say you are a very smart guy, that’s nonsense,” the Canadian Prime Minister said addressing Trump.
After Trudeau's statement, Donald Trump left the following comment on the TruthSocial social network: “Please explain to Canadian Governor Trudeau that with the imposition of retaliatory tariffs on the US, our re-tariffs will increase by that much.”
Starting from March 4, the procedure for imposing a 25 percent tariff on Canadian and Mexican goods in the US came into effect. Additionally, a 10 percent tariff was imposed on products imported from China. Trump explained his decision as a way to “force Mexico, Canada, and China to fulfill their promise to stop the illegal immigration and the influx of toxic fentanyl and other drugs into the US.”
After the American tariffs came into effect, China also announced that it would take retaliatory measures. Mexican President Claudia Sheinbaum promised to respond to the US and stated that she would provide details on the measures to be taken on March 9.
Photo: Toronto Star
