This time Canada imposed counter -tariffs on the United States. According to US President Donald Trump’s announcement, Canada Prime Minister Justin Trudeau has announced the same rate on US goods as a counter -action after the US imposed 20 percent tariff on Canada’s goods imports. News of Reuters.
Canada and the United States were known as the longest border sharing in the world as a close friend for a long time. But now the imposition of this counter -tariff is feared that relations between the two countries are likely to deteriorate.
Canadian Prime Minister Justin Trudeau said at a press conference that the tariff would apply to US $ 1 billion US products. Of this, the new tariff on US $ 1 billion will be implemented from Tuesday. Another $ 120 billion will be given at 25 percent of US products to impose tariffs at 20 percent.
A similar announcement came from Trudeau hours after the US President announced the import of 20 percent of goods on Canada and Mexico and an additional 5 percent tariff on China’s products.
The US tariff on these three countries will be effective from Tuesday. According to previous commitments, Trump has signed a separate executive order, imposing 20 percent tariff on all types of products from Mexico and Canada to the United States. He also signed another executive order until China stopped the trafficking of ‘Fentanil’ drugs.
In response to the concerns of the oil refinery and the middle-western states, Trump has imposed 5 percent tariffs from Canada after fuel products. On the other hand, a full 20 percent tariff has been imposed on Mexican fuel products.
According to the United States Census Bureau, about a quarter of the import of US import from Canada in 2021 was the import of crude oil, which is about $ 1 billion at the financial root.
Meanwhile, Trudeau warned the people of their country, “The coming days will be difficult for you and Trump’s tariff will damage Americans.”
Referring to Americans, he said they would raise the cost for you, including grocery stores, pump gas. They will hinder the free opportunity you had in the affordable supply of essential products.
Trudeau said American beer, wine, barbarian wiki, fruit, orange juice including fruit juice, vegetables, perfumes, clothing, household goods, sports materials, furniture will also be covered.