Diamond Member Pelican Press 0 Posted February 2, 2025 Diamond Member Share Posted February 2, 2025 This is the hidden content, please Sign In or Sign Up Canada’s Justin Trudeau announces retaliatory tariffs following Trump’s executive order Canada’s Prime Minister Justin Trudeau announced Saturday night that his country would respond to President Donald Trump’s decision This is the hidden content, please Sign In or Sign Up by implementing a 25% tariff against $155 billion in U.S. goods. Trudeau did not specify whether the $155 billion in American goods was the products’ worth in ********* or U.S. dollars. $155 billion in ********* dollars would be about $106 billion in U.S. dollars. Trudeau’s comments came just hours after Trump signed an executive order implementing tariffs on goods from Canada, Mexico and China. Trump’s order implemented a 25% tariff on imports from Mexico and Canada — excluding ********* energy products, which would face a 10% tariff. He also implemented an additional 10% tariff on imports from China. Trudeau said during the Saturday evening press conference that the tariffs on American goods include “immediate tariffs on $30 billion worth of goods as of Tuesday,” the day the U.S. is set to begin collecting tariffs on ********* goods. He said that the rest of the tariffs will come in about three weeks “to allow ********* companies and supply chains to seek to find alternatives.” “Like the American tariffs, our response will also be far reaching and include everyday items such as American beer, wine and bourbon, fruits and fruit juices, including orange juice, along with vegetables, perfume, clothing and shoes,” Trudeau said. “It’ll include major consumer products like household appliances, furniture and sports equipment, and materials like lumber and plastics, along with much, much more.” Trudeau emphasized the long history of the U.S.-Canada alliance and argued that “if President Trump wants to usher in a new This is the hidden content, please Sign In or Sign Up for the United States, the better path is to partner with Canada, not to punish us.” The prime minister directly addressed Americans, saying that Trump’s move “will have real consequences for you, the American people.” He also encouraged Canadians to think about ways to “do your part,” such as opting for *********-made products over American-made products at stores and changing summer vacation plans to stay in Canada. The White House did not immediately respond to a request for comment on Trudeau’s announcement. Canada may not be alone in enacting reciprocal tariffs. ******** President Claudia Sheinbaum said in Spanish in This is the hidden content, please Sign In or Sign Up that she instructed her secretary of the economy “to implement the Plan B we have been working on, which includes tariff and non-tariff measures in defense of Mexico’s interests.” Sheinbaum also slammed the tariffs, saying in the post to X, “We categorically reject the White House’s slander of the Government of Mexico alleging alliances with criminal organizations, as well as any intention to interfere in our territory.” “Mexico not only does not want fentanyl to reach the United States, it does not want it to reach anywhere,” she added in Spanish. “Therefore, if the United States wants to combat the criminal groups that traffic drugs and generate violence, we must work together in a comprehensive manner, but always under the principles of shared responsibility, mutual trust, collaboration and above all, respect for sovereignty, which is non-negotiable,” she added. “Coordination, yes; subordination, no.” The ******** Ministry of Commerce said in a statement that China would file a lawsuit with the World Trade Organization “and take necessary countermeasures to firmly safeguard its rights and interests.” “China calls on the U.S. to correct its mistakes, work toward mutual understanding, engage in candid dialogue, strengthen cooperation, and manage differences on the basis of equality, mutual benefit, and mutual respect,” the statement continued. Neither the ******** embassy in the U.S. nor China’s Ministry of Foreign Affairs immediately responded to requests for comment Saturday evening. China’s Foreign Ministry spokesperson Mao Ning said during a press briefing earlier this week that “China has given support to the U.S.’s response to the fentanyl issue in the spirit of humanity and goodwill, and conducted counternarcotics cooperation with the U.S. side in a broad-based and in-depth way.” “The achievements we have made are there for all to see,” Mao continued, according to the ******** government This is the hidden content, please Sign In or Sign Up . “We hope the U.S. will work to continue the hard-won positive dynamics in the counternarcotics cooperation.” ****-for-tat tariff announcements from international leaders could rock prices for consumers both in the U.S. and abroad, This is the hidden content, please Sign In or Sign Up like food, electronics and cars. In a post to This is the hidden content, please Sign In or Sign Up Trump attributed his move to “the major threat of ******** aliens and deadly drugs killing our Citizens, including fentanyl.” The vast majority of fentanyl seized by U.S. Customs and Border Protection has happened along the southern border, not the northern border, according to a This is the hidden content, please Sign In or Sign Up from the federal agency. China, Mexico and Canada are the This is the hidden content, please Sign In or Sign Up of imports to the U.S., according to the Office of the U.S. Trade Representative. Mexico and Canada are U.S. allies and have long had steady economic relationships with the U.S. Trump’s executive order came after he promised in November to issue tariffs on goods coming from the three countries. During his campaign, This is the hidden content, please Sign In or Sign Up that he would impose a blanket tariff of up to 20% on imports from other nations and set at least a 60% tariff on ******** products. Trump imposed tariffs on China This is the hidden content, please Sign In or Sign Up , resulting in the two countries adding retaliatory tariffs on each other in what became dubbed a “trade war.” Experts This is the hidden content, please Sign In or Sign Up that another series of tariffs could ripple beyond the economy, potentially impacting national security and health initiatives between the two countries. This is the hidden content, please Sign In or Sign Up #Canadas #Justin #Trudeau #announces #retaliatory #tariffs #Trumps #executive #order This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/206250-canada%E2%80%99s-justin-trudeau-announces-retaliatory-tariffs-following-trump%E2%80%99s-executive-order/ Share on other sites More sharing options...
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