Trudeau Imposes 25% Tariffs on US Goods Amid Trade War

In response to President Donald Trump's newly imposed tariffs of 25% on Canadian imports, Prime Minister Justin Trudeau announced retaliatory measures that will levy similar tariffs on $30 billion worth of American goods starting Tuesday, with an additional $125 billion set to follow in three weeks. The tariffs will impact a range of products including American beer, wine, clothing, and household appliances. Trudeau emphasized that Canada did not seek this confrontation but is prepared to defend its economy against what he termed an unprovoked attack from a supposed ally. Additionally, Trudeau hinted at potential non-tariff measures, such as restricting exports of critical minerals and blocking American companies from bidding on government contracts. Economists warn that the escalating trade war could lead to increased prices for consumers in both countries. Despite the threats from Trump to raise tariffs further, Trudeau remains resolute in his stance to protect Canadian interests.