Canada Announces 25% Tariff on U.S. Imports in Response to Trump's Tariffs

Canada Announces 25% Tariff on U.S. Imports in Response to Trump's Tariffs

Daily Current Affairs   /   Canada Announces 25% Tariff on U.S. Imports in Response to Trump's Tariffs

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Category : Miscellaneous Published on: February 05 2025

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  • Canada announced a 25% tariff on U.S. imports in response to a move imposed by U.S. President Donald Trump that would immediately apply to $30 billion worth of U.S. goods and an additional $125 billion in 21 days.
  • China and Mexico also announced countermeasures against U.S. trade policies, which could affect global economic instability and international markets.
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