Canada's justin trudeau announces retaliatory tariffs following trump's executive order

Canada's Prime Minister Justin Trudeau speaks during a press conference following a meeting of provincial and territorial leaders in Ottawa, Ontario, Canada Jan. 15, 2025.  Blair Gable

| Reuters Canada's Prime Minister Justin Trudeau announced Saturday night that his country would respond to President Donald Trump's decision to enact a 25% tariff on Canadian

exports to the U.S. by implementing a 25% tariff against $155 billion in U.S. goods. Trudeau did not specify whether the $155 billion in American goods was the products' worth in

Canadian or U.S. dollars. $155 billion in Canadian dollars would be about $106 billion in U.S. dollars. MORE FROM NBC NEWS: All 3 on board Black Hawk that collided with American Eagle jet

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comments came just hours after Trump signed an executive order implementing tariffs on goods from Canada, Mexico and China. Trump's order implemented a 25% tariff on imports from Mexico

and Canada — excluding Canadian energy products, which would face a 10% tariff. He also implemented an additional 10% tariff on imports from China. Trudeau said during the Saturday evening

press conference that the tariffs on American goods include "immediate tariffs on $30 billion worth of goods as of Tuesday," the day the U.S. is set to begin collecting tariffs on

Canadian goods. He said that the rest of the tariffs will come in about three weeks "to allow Canadian companies and supply chains to seek to find alternatives." READ MORE CNBC

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"Like the American tariffs, our response will also be far reaching and include everyday items such as American beer, wine and bourbon, fruits and fruit juices, including orange juice,

along with vegetables, perfume, clothing and shoes," Trudeau said. "It'll include major consumer products like household appliances, furniture and sports equipment, and

materials like lumber and plastics, along with much, much more." Trudeau emphasized the long history of the U.S.-Canada alliance and argued that "if President Trump wants to usher

in a new 'golden age' for the United States, the better path is to partner with Canada, not to punish us." The prime minister directly addressed Americans, saying that

Trump's move "will have real consequences for you, the American people." He also encouraged Canadians to think about ways to "do your part," such as opting for

Canadian-made products over American-made products at stores and changing summer vacation plans to stay in Canada. The White House did not immediately respond to a request for comment on

Trudeau's announcement. Canada may not be alone in enacting reciprocal tariffs. Mexican President Claudia Sheinbaum said in Spanish in a post to X that she instructed her secretary of

the economy "to implement the Plan B we have been working on, which includes tariff and non-tariff measures in defense of Mexico's interests." Sheinbaum also slammed the

tariffs, saying in the post to X, "We categorically reject the White House's slander of the Government of Mexico alleging alliances with criminal organizations, as well as any

intention to interfere in our territory." "Mexico not only does not want fentanyl to reach the United States, it does not want it to reach anywhere," she added in Spanish.

"Therefore, if the United States wants to combat the criminal groups that traffic drugs and generate violence, we must work together in a comprehensive manner, but always under the

principles of shared responsibility, mutual trust, collaboration and above all, respect for sovereignty, which is non-negotiable," she added. "Coordination, yes; subordination,

no." The Chinese Ministry of Commerce said in a statement that China would file a lawsuit with the World Trade Organization "and take necessary countermeasures to firmly safeguard

its rights and interests." "China calls on the U.S. to correct its mistakes, work toward mutual understanding, engage in candid dialogue, strengthen cooperation, and manage

differences on the basis of equality, mutual benefit, and mutual respect," the statement continued. Neither the Chinese embassy in the U.S. nor China's Ministry of Foreign Affairs

immediately responded to requests for comment Saturday evening. China's Foreign Ministry spokesperson Mao Ning said during a press briefing earlier this week that "China has given

support to the U.S.'s response to the fentanyl issue in the spirit of humanity and goodwill, and conducted counternarcotics cooperation with the U.S. side in a broad-based and in-depth

way." "The achievements we have made are there for all to see," Mao continued, according to the Chinese government transcript. "We hope the U.S. will work to continue the

hard-won positive dynamics in the counternarcotics cooperation." Tit-for-tat tariff announcements from international leaders could rock prices for consumers both in the U.S. and

abroad, impacting the costs of items like food, electronics and cars. In a post to Truth Social, Trump attributed his move to "the major threat of illegal aliens and deadly drugs

killing our Citizens, including fentanyl." The vast majority of fentanyl seized by U.S. Customs and Border Protection has happened along the southern border, not the northern border,

according to a public dashboard from the federal agency. China, Mexico and Canada are the top three suppliers of imports to the U.S., according to the Office of the U.S. Trade

Representative. Mexico and Canada are U.S. allies and have long had steady economic relationships with the U.S. Trump's executive order came after he promised in November to issue

tariffs on goods coming from the three countries. During his campaign, Trump said that he would impose a blanket tariff of up to 20% on imports from other nations and set at least a 60%

tariff on Chinese products. Trump imposed tariffs on China during his first term, resulting in the two countries adding retaliatory tariffs on each other in what became dubbed a "trade

war." Experts have warned that another series of tariffs could ripple beyond the economy, potentially impacting national security and health initiatives between the two countries.