Trudeau: Our tariffs will remain until US tariffs are not lifted

“The United States has launched a trade war against Canada,” said Trudeau on Tuesday. “US tariffs have been imposed since the early hours of this morning, and Canada responded.”

“Canada imposes 2 percent tariffs against US goods worth $ 5 billion,” he said. “Our tariffs will remain until American tariffs are not lifted.”

“There is no need or justification for today’s tariffs,” Trudeau said.

Trump’s executive order signed in February 1 calls for 5 % tariffs on most of Canada and Mexico’s goods to the US and a 5 % tariff on Canadian energy products such as crude oil, natural gas and uranium.

After Donald Trump confirmed that the US government would carry out tariffs against Canada and Mexico on Tuesday, the Canadian government announced a wide package of mutual tariffs against US -made products.

The Central Bank of Canada has warned that the long -term tariff war could reduce Canada’s production by nearly three percent in two years and eliminate growth at that time.

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