Feb 2 (CP/GNA) – Prime Minister Justin Trudeau says Canada will hit back with steep, immediate retaliatory tariffs on American goods after U.S. President Donald Trump confirmed he is moving ahead with devastating duties on Canada starting Tuesday.
Trump signed an executive order on Saturday to slap Canada with 25 per cent tariffs — with a lower 10 per cent duty for energy — laying the foundation for an unprecedented trade war with America’s closest neighbours.
Trudeau held a news conference Saturday evening to announce that Canada will respond with an immediate $30-billion retaliation package, which will be followed by $125 billion in duties on American products in 21 days to give companies and supply chains time to find alternatives.
Canada’s retaliation plan will include everyday items such as American beer, wine, bourbon, fruits and fruit juices, including orange juice, along with vegetables, perfume, clothing and shoes, Trudeau said.
Trudeau connected with Mexico’s President Claudia Sheinbaum and held meetings with cabinet and premiers earlier Saturday.
Trump signed the executive order Saturday at his Mar-a-Lago resort in Florida after spending much of the day at a golf course. It included a retaliation clause that says if Canada responds with duties on American products, the levies could be increased.
In a social media post, Trump said he implemented tariffs against Canada, Mexico and China to stop what he calls the illegal flow of fentanyl and people across America’s border.
“We need to protect Americans, and it is my duty as president to ensure the safety of all,” he said.
The volume of drugs and people crossing from Canada into the United States is miniscule compared to Mexico. U.S Customs and Border Protection statistics show less than one per cent of all fentanyl seized comes from the northern border.
In his news conference, Trudeau said he has not been able to personally contact the president about the tariffs.
Addressing the American public at the news conference, Trudeau said the tariffs against Canada will “put your jobs at risk” by potentially shutting down the American auto and manufacturing sectors.
“They will raise costs for you, including at the grocery stores and at the gas pump,” Trudeau said.
GNA/The Canadian Press