Blogs

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

Mar 4, 2025 | Local 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

J Balvin’s “Lemonade” Air Jordan 4 Is Dropping This September 25

J Balvin and Jordan Brand are about to do it again. The Colombian reggaeton superstar is preparing to release his highly anticipated Air Jordan 4 “Lemonade,” continuing one of the biggest partnerships between a Latino artist and Jordan Brand. The bright yellow...

J Balvin Brings Medellín to New York With Colombian Fashion Pop-Up

J Balvin is bringing a little piece of Medellín to the middle of New York City. The Colombian reggaeton superstar has teamed up with iconic Colombian leather brand Vélez for a special pop-up in SoHo, transforming Shopify’s New York space into a celebration of...

Events

No Results Found

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

Related articles