Canadian Prime Minister Justin Trudeau has announced the imposition of 25% tariffs on various goods imported from the United States. This measure comes as a response to the recent tariffs imposed by U.S. President Donald Trump.

The new Canadian tariffs will impact products such as beer, wine, lumber, and household appliances. Their implementation will take place in two stages: first, an initial package of tariffs worth $30 billion will take effect next Tuesday, followed by a second phase of $125 billion three weeks later.

Moreover, Trudeau has stated that Washington’s tariffs could lead to increased prices for essential goods such as food and fuel for American consumers. Additionally, he warned that these trade policies could halt production at automotive assembly plants and restrict access to crucial materials such as nickel, potash, uranium, steel, and aluminum. Given this scenario, he urged Canadian citizens to avoid traveling to the United States and to refrain from purchasing American products.

These retaliatory actions by Canada follow Trump’s decision to impose 25% tariffs on imports from Mexico and Canada, as well as a 10% tariff on Chinese products. According to the U.S. President, these measures are aimed at curbing fentanyl trafficking and reducing illegal immigration into the country. Trump declared that these tariffs will remain in place until what he considers a national emergency is resolved.

In response, both Mexico and Canada have announced immediate countermeasures. Meanwhile, China has declared its intention to challenge the White House’s decision before the World Trade Organization (WTO) and has warned that it will adopt additional retaliatory measures.

Economists and industry leaders have voiced concerns over the impact this trade escalation could have on global growth and inflation, ultimately harming consumers and businesses in all affected countries.