Trudeau LIVE: ‘Canada Is PREPARED’, Justin Trudeau Responds To Donald Trump’s 25% Tariff | USA |N18G

Trudeau LIVE: ‘Canada Is PREPARED’, Justin Trudeau Responds To Donald Trump’s 25% Tariff | USA Today | CNBC TV18
Canada to impose 25% tariffs on $125B worth of American goods: Trudeau. Prime Minister Justin Trudeau is announcing the federal government’s phased countermeasures in an address to Canadians from Parliament Hill. In his comments, Trudeau noted the “real” consequences for Americans after Trump’s actions.
The major announcement comes on the heels of weeks of anticipation and diplomatic efforts to avoid this moment, and after Trudeau meet with his cabinet and premiers on Saturday to discuss the national and historic response.
In the announcement on Saturday, Trump said he was also imposing general tariffs of 25 per cent on Mexico and adding 10 per cent to tariffs already imposed on China. They, along with Canada, are the largest trading partners of the U.S.
“Today’s tariff announcement is necessary to hold China, Mexico, and Canada accountable for their promises to halt the flood of poisonous drugs into the United States,” the White House said. “Additionally, illegal border crossings from Canada reached historic new highs every year for the last four fiscal years.”
Bloomberg is reporting that White House officials who briefed reporters on the condition of anonymity, said Trump signed the orders for the tariffs on Saturday to retaliate against American tariffs “dollar for dollar.”
Trump wrote on social media that he was implementing the tariffs through the International Emergency and Economic Powers Act (IEEPA) “because of the major threat of illegal aliens and deadly drugs killing our citizens, including fentanyl.”
Mexico on Saturday ordered retaliatory tariffs on the US just hours after President Trump imposed a 25% tariff on the neighboring country.
Mexico President Claudia Sheinbaum Pardo blasted Trump’s action - and his suggestion that the Mexican government harbors alliances with criminal organizations and cartel members.
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