Canada’s Trudeau announces 25% counter tariffs on US goods | LIVE

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After the White House confirmed 25 per cent tariffs on Canadian goods would go into affect on Tuesday, Canadian Prime Minister Justin Trudeau has announced incoming counter tariffs against the U.S.

“Tonight, I am announcing Canada will be responding to the U.S. trade action with 25 per cent tariffs against a $155 billion worth of American goods,” Trudeau said in an address to the nation Saturday evening.

Trudeau said this will include immediate tariffs on $30 billion worth of goods as of Tuesday, followed by further tariffs on $125 billion worth of American products in 21 days’ time to “allow Canadian companies and supply chains to seek to find alternatives.”

This comes after weeks of Trump repeatedly warning Mexico and Canada — two of the United States’ top trading partners — he will impose tariffs if the two countries do not end fentanyl trafficking and the flow of migrants across U.S. border.

Since the initial threat, Trudeau has held several meetings with Canada’s premiers, working through plans to bolster their respective border security efforts.

For more info, please go to https://globalnews.ca/news/10992959/donald-trump-tariffs-canada-feb-1/

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