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

Looney Tunes’ Speedy Gonzales Getting Animated Feature Film

The fastest mouse in Mexico is making a comeback — and this time, the story is in Mexican hands. Warner Bros. has tapped Jorge R. Gutiérrez to direct a new animated feature centered on Speedy Gonzales, the iconic Looney Tunes character known for his lightning speed,...

See Messi Before the World Cup — Without World Cup Prices

Toronto, this is the smart fan move. On May 9, Toronto FC takes on Inter Miami CF at BMO Field — and it’s your chance to watch Lionel Messi and other FIFA World Cup–bound stars live, in an intimate stadium setting, for a fraction of what it would cost to see them just...

Events

Related articles