Canada's Tit-For-Tat Move, Announces Counter 25 Per Cent Tariffs
Canada's Prime Minister Justin Trudeau and Mexico's President Claudia Sheinbaum were quick to respond to US President Donald Trump's tariffs with their own measures, with the tit-for-tat moves likely to impact global supply chains significantly. Trudeau said Canada will impose 25 per cent tariffs on Canadian $155 billion in US imports, adding that Canadian $30 billion would take effect from Tuesday and the rest in 21 days. China too vowed "corresponding countermeasures" against the new tariffs.'
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