Canadian Prime Minister Justin Trudeau has characterised Donald Trump’s tariffs on his country, as well as China and Mexico, as “extremely naive.”
After announcing 25% retaliatory tariffs against billions of dollars’ value of American products, Trudeau declared, “We will not back down from a fight.” The complete statement made by Trudeau is as follows:
The United States president has issued a warning that his administration will subsequently increase its tariff on Canada by a comparable amount.
Following the implementation of Trump’s 25% tariffs on imports from Canada and Mexico, as well as a new 10% duty against China, the stock markets in the United States and Europe experienced a decline.
Beijing declared its intention to continue its confrontation with the United States “until the bitter end,” imposing tariffs of up to 15% on a variety of American products. Mexico declared that it would specify retaliatory measures on Sunday.
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