BREAKING: Canada, Mexico order retaliatory tariffs in response to President Trump | LiveNOW from FOX

Summary

In response to U.S. tariffs on Canadian energy and goods, Prime Minister Justin Trudeau announces retaliatory measures, including 25% tariffs on $155 billion worth of American products. He stresses the historical ties and economic partnership between the two countries, urging Americans to understand the broader consequences. Canada plans to implement tariffs on goods like beer, bourbon, and appliances, while addressing cross-border concerns like fentanyl. Trudeau appeals to Canadians to support local businesses and stand united during this trade conflict, emphasizing the strength of Canada’s global position and resilience in difficult times.

Takeaways

• 😀 The United States is imposing 25% tariffs on Canadian goods and 10% on Canadian energy, effective February 4th.
• 😀 Canadian Prime Minister Justin Trudeau responds by announcing retaliatory tariffs on $155 billion of American goods.
• 😀 The tariffs will impact everyday items such as beer, wine, bourbon, fruit, vegetables, clothing, and household goods.
• 😀 Trudeau emphasizes that the U.S. tariffs will hurt American workers, particularly in auto manufacturing and other industries.
• 😀 Canada has a history of helping the U.S. in times of need, including during 9/11, Hurricane Katrina, and the California wildfires.
• 😀 The U.S. decision to impose tariffs is linked to concerns over border security, including fentanyl trafficking and illegal crossings.
• 😀 Trudeau states that less than 1% of fentanyl and illegal crossings come from Canada, challenging U.S. claims.
• 😀 Canada is taking proactive measures to secure its border, including a $1.3 billion plan aimed at reducing fentanyl trafficking.
• 😀 Trudeau calls on Canadians to support their economy by buying Canadian-made products and staying domestic for vacations.
• 😀 Both Canada and Mexico are retaliating with tariffs in response to President Trump's policies, and Mexico is also defending its interests on social media.
• 😀 Trudeau assures Canadians that the nation is united and will face this challenge together, emphasizing national pride and solidarity.

Q & A

What specific tariffs has the U.S. imposed on Canada and Mexico?

The U.S. has imposed a 25% tariff on Canadian and Mexican goods, specifically targeting energy imports like oil, natural gas, and electricity, with a 10% tariff on these energy imports.

How will Canada respond to the U.S. tariffs?

Canada will impose retaliatory tariffs on $155 billion worth of U.S. goods, starting with a 25% tariff on $30 billion of goods as of February 4, and the remaining $125 billion in 21 days.

Which specific goods will be affected by Canada's retaliatory tariffs?

The goods affected by Canada's retaliatory tariffs will include American beer, wine, bourbon, fruits, fruit juices, vegetables, perfume, clothing, household appliances, sports equipment, lumber, and plastics.

Why did Trudeau emphasize the impact of tariffs on American manufacturing?

Trudeau highlighted that the tariffs could harm American jobs, particularly in the auto industry and manufacturing plants, which could result in job losses and increased costs for Americans, including higher prices for food and gas.

How does Trudeau describe the relationship between the U.S. and Canada?

Trudeau describes the U.S. and Canada as neighbors, friends, partners, and allies, emphasizing the historical, economic, and military cooperation between the two nations, including their joint efforts in crises such as 9/11 and Hurricane Katrina.

What was the significance of Trudeau's mention of fentanyl trafficking?

Trudeau addressed concerns over fentanyl trafficking, stating that less than 1% of fentanyl or illegal crossings into the U.S. come from Canada. He also emphasized Canada's efforts to combat fentanyl and its impact on both countries, proposing collaboration to address the issue.

What did Trudeau ask Canadians to do in response to the trade tensions?

Trudeau encouraged Canadians to support their local economy by purchasing Canadian-made products, opting for Canadian alternatives like rye over American bourbon, and even vacationing within Canada to help boost the national economy.

What does Trudeau believe is the better path for the U.S. to take regarding trade?

Trudeau believes the better path for the U.S. is to partner with Canada, leveraging Canada's stable and reliable resources, including energy and critical minerals, to build a secure and booming North American economy.

How does Trudeau justify Canada's actions regarding tariffs despite the negative impact?

Trudeau justifies Canada's response by emphasizing the importance of standing up for the country's sovereignty and economic interests. He reassures Canadians that the government, businesses, and civil society are united in defending Canada’s position.

What actions are Canada taking to secure its border and address U.S. concerns about fentanyl?

Canada has launched a $1.3 billion border plan to address concerns, including actions against fentanyl trafficking, while ensuring that less than 1% of illegal crossings into the U.S. originate from Canada.