Canada punches back against Trump with major tariffs of its own as trade war set to begin on Tuesday
Trump slaps Canada with wide-reaching import tariffs
By News on the Net Fox Business—— Bio and Archives--February 2, 2025
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OTTAWA – Canada is responding to President Donald Trump’s 25% tariffs imposed on Saturday against its northern neighbor with its own major retaliatory measures, Canadian Prime Minister Justin Trudeau announced late Saturday night.
As of Tuesday, when the U.S. tariffs take effect, Canada will impose 25% duties on about $21 billion of American goods with a further $86 billion to follow within 21 days to allow Canadian companies and supply chains to find alternatives, Trudeau told reporters at a news conference on Parliament Hill in Ottawa, surrounded by his foreign affairs, finance and public safety ministers. -- More...
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