Trudeau says Canada will issue 25% tariffs on $155B of American goods in retaliatory fashion

Published On Mar 4, 2025, 12:32 AM

Canadian Prime Minister Justin Trudeau announced on March 4, 2025, that Canada will impose 25% tariffs on $155 billion worth of U.S. goods in retaliation to similar tariffs from the Trump administration. This decision is part of a broader trade dispute with the U.S., highlighting tensions over trade policies that may adversely affect the agricultural and manufacturing sectors. Trudeau emphasized that these tariffs could disrupt the successful trade relationship between the two countries, leading to increased prices for consumers and potential job losses in the U.S. market.