Canadian Prime Minister Justin Trudeau announced his country will impose 25% tariffs on $155 billion worth of U.S. imports. This comes in response to U.S. President Donald Trump's tariffs levied against Canada on Feb. 4.
Trudeau said the Canadian tariffs will be implemented in two phases, with the first $30 billion in tariffs taking effect immediately. Products targeted under Trudeau’s tariffs include orange juice, peanut butter, wine, spirits, beer, coffee, appliances, and motorcycles, according to Supply Chain Drive.
"This first set of countermeasures is about protecting—and supporting—Canada's interests, workers, and industries," said Dominic LeBlanc, minister of finance and intergovernmental affairs. "These U.S. tariffs are plainly unjustified."
The second phase targets $125 billion in goods including vehicles, steel products, and agricultural items.
"We don't want to be here. We didn't ask for this. But we will not back down in standing up both for Canadians, and for the incredible, successful relationship and partnership between Canada and the United States," Trudeau said at a press conference.
While Trump cited fentanyl and illegal immigration concerns in his executive order, Canadian officials noted their recent $1.3 billion border plan already addresses these issues.
