Canada Retaliates Against U.S. Tariffs with New Import Levies

The Canadian government has announced that it will impose tariffs of 25% on approximately $155 billion worth of U.S. imports. This decision comes as a response to recent tariffs on Canadian goods enacted by the United States, which Canada has characterized as unjustified.

According to the Canadian government, these measures are intended to protect domestic interests and provide support to Canadian workers and industries. The government has stated its position that the U.S. tariffs are unreasonable and necessitate a reaction to safeguard the national economy.

This tariff imposition forms part of Canada's broader strategy to address and counteract the economic impact experienced from the tariffs initiated by the United States on Canadian products.