
Canada, Mexico impose retaliatory tariffs on US goods after Trump's 25% levy
2025-02-03 10:26:51 source:Global Times
February 2, 2025
Canadian Prime Minister Justin Trudeau announced on Saturday that Canada will impose 25 percent tariffs on C$155 billion ($106.5 billion) worth of US goods in retaliation for the newly imposed US tariffs.
The move comes after US President Donald Trump announced 25 percent tariffs on Canadian and Mexican imports on Saturday, set to take effect on Tuesday.
Trudeau specified that C$30 billion in tariffs will be implemented starting Tuesday, with the remaining C$125 billion taking effect in 21 days.
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