Blogs

Canada will retaliate with 25% tariffs on billions worth of U.S. goods

Mar 4, 2025 | Community News, World

March 4, 2025

Canada is preparing for a trade war with the U.S. after President Trump’s 25% tariffs on Canadian goods took effect. Prime Minister Justin Trudeau announced immediate retaliatory tariffs of 25% on $155 billion worth of American goods, with further tariffs set to follow in 21 days. Foreign Affairs Minister Mélanie Joly called Trump’s tariffs an “existential threat” but defended Canada’s border security efforts, which were Trump’s stated reason for the levies.

Ontario Premier Doug Ford also vowed strong retaliation, threatening to cut electricity exports to U.S. states, halt nickel shipments, remove American alcohol from stores, and cancel government contracts with U.S. companies. Ford warned the tariffs would be disastrous for both economies and claimed American officials agree the move is reckless.

Did you like this article?

Did you like this article?

0 Comments

Latest Posts

Casemiro to Inter Miami? Brazilian Star Open to Joining Messi

The “Messi effect” might be pulling in another global superstar. According to renowned journalist Fabrizio Romano, Brazilian midfielder Carlos Casemiro is open to a potential move to Inter Miami CF—and the idea of playing alongside Lionel Messi is a major factor. With...

Events

Related articles