Canada Imposing 25% Tariffs on $30 Bln of US Imports, Trudeau Says
Canada is imposing 25% tariffs on C$30 billion worth of U.S. imports effective immediately, Prime Minister Justin Trudeau told reporters on Tuesday. The move is a response to the U.S. President Donald Trump's announcement of 25% tariffs on imports from Mexico and Canada. Trudeau assured that Canada will challenge the U.S. measures at the World Trade Organization and through the U.S.-Mexico-Canada trade agreement.
- This escalating trade dispute highlights the growing tensions between two major economic powers, with significant implications for global trade patterns and economic stability.
- Will this trade war also affect other countries' interests in both the US and Canada, potentially leading to a broader conflict?