Canada Responds: Counter-Tariffs Announced Following U.S. Levy Decision.

In a decisive move, the Canadian government has unveiled a comprehensive package of counter-tariffs directed at United States-made products. This announcement comes on the heels of President Donald Trump’s confirmation that his administration will implement tariffs against both Canada and Mexico, an initiative he staunchly articulated on Tuesday.

Prime Minister Justin Trudeau formally addressed the situation in a statement issued late Monday, indicating that Canada will retaliate with tariffs set at 25 percent against $155 billion worth of American goods. “Canada will not let this unjustified decision go unanswered,” Trudeau asserted, underscoring the seriousness of the nation’s response.

The implementation of these retaliatory tariffs will coincide with American tariffs set to take effect at 12:01 a.m. EST on Tuesday. Trudeau emphasized the broader implications of these trade measures, warning that American consumers are likely to face increased costs for essentials such as groceries, gas, and automobiles, alongside the potential loss of thousands of jobs.

This move echoes the retaliation plan announced by Trudeau in February following Trump’s initial executive order to impose tariffs. The stakes are high as the tariffs threaten to escalate tensions in North American trade relations.

As Canada prepares to enact these countermeasures, the focus now shifts to the ongoing implications for both countries and the broader North American economic landscape.