Canada's Bold Move Against US Tariffs

In a decisive response to the United States' recent tariffs on Canadian goods and energy resources, Canadian Prime Minister Justin Trudeau has announced a significant countermeasure. Canada will impose a 25% tariff on a wide range of American imports, targeting $155 billion worth of goods.

Implementation Timeline

The first wave of tariffs, affecting $30 billion worth of goods, is set to take effect this Tuesday. A subsequent wave will follow in 21 days, providing Canadian businesses and supply chains with the necessary time to adjust and seek alternative sources.

Impacted Products

This tariff imposition will notably affect various products including beer, wine, bourbon, fruits, fruit juices, vegetables, perfumes, clothing, and shoes. Additionally, the Canadian government is exploring non-tariff measures concerning critical minerals and procurement to further protect its interests.