Canadian Prime Minister Justin Trudeau has announced that Canada will impose retaliation tariffs towards United States.

Trudeau said on Saturday, warning Americans that Trump’s actions would have real consequences for them.

  • Canada slaps 25% tariffs on C$155 billion of US goods
  • Trudeau says C$30 billion will take effect on Tuesday
  • Duties on the remaining C$125 billion in 21 days
  • PM vows to work with provinces on non-tariff measures

Also Mexico and China has stated that they will provide a tariff response within the following days.

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President Trump will enact 25% tariffs on imports from Mexico and Canada starting already tomorrow, February 1st. There will also be a 10% tariff on imports from China.

Source: CBSNews

Read mire here: Tariffs