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Canada will hit US with retaliatory tariffs Tuesday: Trudeau

Canada will hit US with retaliatory tariffs Tuesday: Trudeau

14 Sept 01:31 Key points summarised by AI
  • Canada announced it will impose 25% retaliatory tariffs on C$155 billion worth of American goods, with the first round targeting C$30 billion starting Tuesday.
  • Prime Minister Justin Trudeau's decision is a direct response to US President Donald Trump's new 25% tariffs on Canadian, Mexican, and Chinese exports.
  • Trump invoked the International Emergency Economic Powers Act, citing a 'national emergency' due to illegal immigration and drugs as the basis for his tariffs, which also begin Tuesday.
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