Canadian Prime Minister Justin Trudeau stated that Canada would introduce a 25% tariff on imports coming from the United States in response to US President Trump's tariffs on Canadian goods and energy resources.
During a press conference, Trudeau said that the Canadian government would be imposing "far-reaching" 25% tariffs on $155 billion worth of American goods. Tariffs on "30 billion dollars worth of goods" will start on Tuesday, followed by more tariffs in 21 days "to allow Canadian companies and supply chains to find alternatives."
The tariffs will impact goods such as beer, wine, bourbon, fruits and fruit juices, vegetables, perfumes, clothing and shoes. The prime minister stated that non-tariff measures are being considered related to critical minerals and procurement.
