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Canadian Prime Minister Justin Trudeau announced that Canada will impose tariffs of 25% on US goods valued at CAD 155 billion (approximately USD 122 billion) in retaliation against newly enacted tariffs by US President Donald Trump. As of Tuesday, goods worth CAD 30 billion (around USD 24 billion) will be subject to these tariffs. Trudeau emphasized that these measures are a response to what he described as unjust actions by the Trump administration, which imposed tariffs of 10% on imports from China and 25% on products from Canada and Mexico.
In his announcement, Trudeau highlighted the deep-rooted cultural and economic ties between the US and Canada, stating, "We have fought together, we have died together." He warned that the tariffs would ultimately harm Americans by increasing costs on essential goods, including food and fuel. Trudeau has called on Canadians to support domestic products and local tourism. Meanwhile, Mexico plans to collaborate with Canada on counteractions against the US tariffs.
The Chinese government also condemned the tariffs, stating it would challenge them at the World Trade Organization and take further unspecified measures.