Brief by Shorts91 Newsdesk / 10:41am on 02 Feb 2025,Sunday International
Canadian Prime Minister Justin Trudeau has announced 25% tariffs on US goods worth 155 billion Canadian dollars. This move is in response to US President Donald Trump’s decision to impose 25% tariffs on Canadian and Mexican imports. “Tariffs will have real consequences for the American people,” Trudeau said. He warned that Canada would also take non-tariff actions. Mexico has also announced retaliatory tariffs. Trump justified the tariffs as a measure to curb illegal immigration and drug trafficking. Trudeau stated, “We don’t want this, but we will not back down.” The trade conflict is expected to impact both economies.
