Booze, oil and orange juice: How Canada could fight Trump tariffs

by Editor3
33 views 1 minutes read US and Canada crossed flags on stick. American and Canadian national symbols. Vector illustration.

Canada is expected to react forcefully and immediately to tariffs imposed by US President Donald Trump on its products.

Trump has said he is going ahead with putting a 25% tariff on goods from Canada and Mexico, starting on Tuesday.

Last month Trump put on pause his plans to levy a 25% tariff on most Canadian imports, with “energy resources” only facing a 10% rate.

Now, that the pause has ended, and the US is now set to steeply tax goods from one of its top trading partners, a trade war seems almost certain.

Canadian Foreign Minister Melanie Joly told reporters later on Monday: “Let’s be clear, if Trump is imposing tariffs, we’re ready.”

She said Ottawa planned to impose retaliatory tariffs against US imports of C$155bn ($107bn; £ 84bn), with the first tranche of $30bn ready immediately to be levied on everyday goods like pasta, clothing and perfume. (BBC)

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