The Los Angeles Post
U.S. World Business Lifestyle
Today: March 30, 2025
Today: March 30, 2025

Canada to slap 25 per cent tariff on $155 billion of U.S. goods

February 02, 2025
Rachel Aiello - CTV Network

    OTTAWA (CTV Network) -- In retaliation for U.S. President Donald Trumpโ€™s tariffs, Canada is responding with 25 per cent tariffs on $155 billion worth of American goods.

This will include immediate tariffs on $30 billion worth of goods as of Tuesday, followed by further tariffs on $125 billion worth of American products in 21 days time, to allow Canadian companies and supply chains to find alternatives.

Prime Minister Justin Trudeau announced the federal governmentโ€™s phased countermeasures in an address to Canadians from Parliament Hill, during which he implored citizens to โ€œchoose Canadaโ€ when making purchases.

โ€œIt might mean opting for Canadian rye over Kentucky bourbon, or forgoing Florida orange juice altogether,โ€ he said. โ€œUnfortunately, the actions taken today by the White House, split us apart instead of bringing us together.โ€

In his comments, Trudeau also noted the โ€œrealโ€ consequences for Americans after Trumpโ€™s actions.

โ€œTariffs against Canada will put your jobs at risk, potentially shutting down American auto assembly plants and other manufacturing facilities. They will raise costs for you, including food at the grocery stores, gas at the pump,โ€ Trudeau said.

The major announcement comes on the heels of weeks of anticipation and diplomatic efforts to avoid this moment, and after Trudeau meet with his cabinet and premiers on Saturday to discuss the national and historic response.

The prime minister also confirmed that he and Trump have not spoken since the presidentโ€™s Jan. 20 inauguration.

โ€œIf President Trump wants to usher in a new golden age for the United States, the better path is to partner with Canada, not to punish us,โ€ Trudeau said.

ctvnews.caproducers@bellmedia.ca

Related Articles

Trump says he โ€˜couldnโ€™t care lessโ€™ if auto prices rise because of tariffs Australia's Albanese expects 'one-on-one' discussion with Trump on tariffs Trump tells NBC he 'couldn't care less' if car makers hike prices due to tariffs Brazil's Lula touts possible deals with Vietnam as he wraps state visit
Share This

Popular

Business|Economy|Political|US

Kelley Blue Bookโ€™s top editor breaks down how Trumpโ€™s auto tariffs will affect prices

Kelley Blue Bookโ€™s top editor breaks down how Trumpโ€™s auto tariffs will affect prices
Business|Celebrity|Economy|Entertainment

Stathamโ€™s 'A Working Manโ€™ upsets โ€˜Snow Whiteโ€™ to take No. 1 at the box office

Stathamโ€™s 'A Working Manโ€™ upsets โ€˜Snow Whiteโ€™ to take No. 1 at the box office
Business|Economy|Europe

Volvo Cars picks Hakan Samuelsson as new CEO

Volvo Cars picks Hakan Samuelsson as new CEO
Business|Europe|Science|Technology

A private European aerospace startup completes the first test flight of its orbital launch vehicle

A private European aerospace startup completes the first test flight of its orbital launch vehicle

Economy

Economy|MidEast|Political|World

'Eid of sadness': Palestinians in Gaza mark Muslim holiday with dwindling food and no end to war

'Eid of sadness': Palestinians in Gaza mark Muslim holiday with dwindling food and no end to war
Australia|Business|Economy

Australia forecasts hit to resource, energy export earnings from lower US dollar

Australia forecasts hit to resource, energy export earnings from lower US dollar
Business|Economy|Political|US

Trump says he โ€˜couldnโ€™t care lessโ€™ if auto prices rise because of tariffs

Trump says he โ€˜couldnโ€™t care lessโ€™ if auto prices rise because of tariffs
Business|Economy|Lifestyle|Political|Travel

Canadaโ€™s snowbirds reconsider calling the US their second home

Canadaโ€™s snowbirds reconsider calling the US their second home

Access this article for free.

Already have an account? Sign In