‘The Bottom Line’ panelist Lee Carter and Liz Peak gave their jobs confirming the 25% tariff on President Donald Trump.
Canadian Prime Minister Justin Trudeau announced 25% tariff on US goods in response to President Donald Trump’s tariff, which is becoming effective on Canadian imports at midnight on Tuesday.
Anti -Repilee Tariff Canada is coming into effect on $ 155 billion US goods on Tuesday at 12:01 pm
Trump signed an executive order authorizing an additional 25% tariff Import from Canada And Mexico, and an additional 10% tariff on sugar imports. Energy imported from Canada, including oil, natural gas and electricity, will be taxed at an additional 10%.
China has since imposed tariffs on American goods and Mexico has vowed a counterfeit tariff.
Trump tariffs on Mexico, Canada, China are hours away from killing midnight
US President Donald Trump and Canadian Prime Minister Justin Trudeau attend the NATO Summit at the Grove Hotel in Watford, England on December 4, 2019. (Dan Kitwood / Getty Images / Getty Images)
Trump administration Last month agreed last month for a 30 -day delay in imposing 25% tariffs on Canadian and Mexican goods. Officials of the two countries have interacted with the Trump administration in recent weeks, but no compromise has been made to reduce tariffs.
Trudeau said on Monday, “There is no justification for these functions,” pointing to the argument of the White House that the flow of drugs including Fentanell, the US warns the tariffs on Canada, Mexico and China in the US, although the amount of phentanel coming on the northern border is very low.
Trudeau said in a statement, “Less than 1% of the fantanel on the US border was intercepted, we come from Canada, we have worked continuously to address the crisis that affects Canadians and Americans equally,” Trudeau said in a statement. “We increased the resources to prevent the flow of $ 1.3 billion with new choppers, shoes on the ground, more coordination, and the flow of Phantenile.”
What is happening with Trump’s tariff on China, Canada and Mexico?
Canadian Prime Minister, Justin Trudeau, Ottawa, Ottario, speaks on Tuesday, December 17, 2024 at the National Cocks Holiday Party in Canada. (Through Kamara Morozuk / Bloomberg Getty Image / Getty Image)
“We Appointed a fentanyl czar, Listed as terrorist organizations, the transnational criminal cartel, launched joint operational intelligence cells, and setting up a Canada-US joint strike force on organized crime, “He continued.” Due to this work-the Fentanile seizure from Canada in partnership with the US-has left near 0.03 pounds between 97% December 2024 and January 2025. ,
Trudeau stated that Canada “will not allow this unjust decision to be unanswered” and announced that the tariffs on American goods would be effective at 12:01 pm if Trump tariffs were promised at midnight.
Canada said it would begin with a tariff of $ 30 billion after tariff on US products worth $ 125 billion in 21 days.
US President Donald Trump talks to reporters at the Oval office of the White House on 3 February 2025 at Washington, DC (Anna Moneymaker / Getty Image / Getty Images)
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The Prime Minister said, “Our tariffs will remain until the US trade action is withdrawn, and should we not shut the tariff, we are in active and ongoing discussion with the provinces and areas to pursue many non-tariff measures.” “When we urge the US administration to reconsider our tariffs, Canada is firm in standing for our economy, our jobs, our workers and a proper deal.”
Trudeau said that American will pay more for groceries, gas and cars, and can do it Lose thousands of jobs As a result of Trump’s tariff.
“Tariffs will disrupt an incredibly successful business relationship,” he said. “He will violate the much trade agreement in his last term in his last term.”
