Ottawa:
Canadian Prime Minister Justin Trudeau said on Saturday that his country would retaliate against President Donald Trump’s new tariff and levy 25% duty on several US imports. He warned the Americans that Trump’s decisions would bring serious consequences for him.
Amid the decline in relations between the older allies sharing the world’s longest land border, Trudeau said that they were tariffs on US goods worth $ 155 billion canadian (US $ 107 billion).
According to media reports, the Canadian PM said that tariffs on US products of 30 billion Canadian dollars will be applicable from Tuesday, (Trump’s tariffs will also be effective on the same day), and US products worth $ 125 billion will be charged in 21 days. .
Trudeau’s announcement came only a few hours after Trump’s order to impose tariffs 25% on goods imported from Canada and Mexico and 10% on imported goods from China. However, 10% tariffs will be levied on Canada’s energy resources.
The decision of the US President is in danger of trading war, which economists say that this can slow down global growth and increase inflation again.
The Canadian leader said that the tariff will include American beer, wine and borbon as well as fruit and fruit juices. Apart from this, orange juice will also be included from Trump’s home state of Florida. Canada will target items including clothing, sports equipment and home appliances.
- Trudeau said that the coming weeks will be difficult for Canadian people, but Americans will also suffer losses due to Trump’s works.
- Trudeau encouraged Canadian people to buy Canadian products and holiday in their country instead of America. He said, “We did not say for this, but we will not back down.”
Addressing American citizens during a press conference in Ottawa, Trudeau said, “Tariffs against Canada will endanger your jobs, which will probably be closed by American Auto Assembly plant and other manufacturing centers. They will increase inflation, in which they will increase inflation The grocery store includes food and fuel on the pump. “