Canada Hits U.S. with $30 Billion Tariffs

Canadian Prime Minister Justin Trudeau has announced retaliatory tariffs of 25% on $30 billion worth of U.S. imports in response to President Donald Trump's tariffs on Canadian goods, which Trudeau denounces as unjustified. Trudeau argues that these tariffs, aimed at safeguarding U.S. jobs and addressing national security concerns, will also harm American consumers and businesses by increasing costs. He has vowed to challenge these measures through the World Trade Organization and the US-Mexico-Canada trade agreement, emphasizing Canada's readiness to defend its economic interests. Trudeau also indicated that additional tariffs could be imposed if the U.S. does not retract its tariffs, potentially extending duties to an additional $125 billion worth of U.S. imports. This trade conflict emerges amidst Trump's broader tariff measures affecting Mexico and China, leading to rising global trade tensions.