OTTAWA (Reuters) -Canada’s Prime Minister Justin Trudeau said on Saturday Canada would impose 25% tariffs on C$155 billion ($106.5 billion) of U.S. goods in response to U.S. tariffs.
C$30 billion would take effect from Tuesday and C$125 billion in 21 days, Trudeau told a news conference.
Trump earlier signed an executive order imposing 25% tariffs on all goods from Canada and Mexico starting on Tuesday except Canadian energy products, which will be subject to a 10% duty.
Trudeau warned the tariffs would hurt the United States, a long-time ally. He encouraged Canadians to buy Canadian products and vacation at home rather than in the U.S.
He said some non-tariff measures, including some relating to critical minerals, energy procurement and other partnerships are being looked at.
(Reporting by Promit Mukherjee; Editing by Caroline Stauffer and Christopher Cushing)
Comments