Canada Imposes 25% Tariffs in Response to U.S. Duties

Reported about 14 hours ago

In retaliation for U.S. tariffs, Canada announced a 25% tax on $155 billion worth of U.S. imports, affecting a range of products including orange juice, peanut butter, and vehicles. Prime Minister Trudeau emphasized that the measures are necessary to protect Canadian interests and workers. The tariffs will be implemented in two phases, with the first targeting $30 billion starting February 4. Both countries have indicated the potential for further action if tensions escalate.

Source: YAHOO

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