Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen correspondent: The US vetoed a UNSC resolution calling for a ceasefire in Gaza, arguing it does not condemn Hamas nor grant "Israel" the right to “self-defense.”
Israeli occupation forces issue a new bombing threat against civilian buildings in the Southern Lebanese towns of Borj Qalaouiye and Chehabiyeh.
Sources to Al Mayadeen: Extending the snapback mechanism deadline will test how independent Europeans truly are from the US.
Sources to Al Mayadeen: Activating the snapback mechanism will nullify the Cairo Agreement, shut the door on cooperation between the IAEA and Tehran, and bar inspections.
Sources to Al Mayadeen: The diplomatic window remains open, but signs of activating the snapback sanctions mechanism on Iran are increasing.
Sources to Al Mayadeen: Although the Cairo Agreement meets an important part of European demands, they have begun speaking of new conditions in recent communications.
Sources to Al Mayadeen: European countries show no independence in their stance toward Iran during the talks.
Israeli occupation forces issued bombing threats to bomb civilian buildings in Southern Lebanon.
Israeli media: Person behind shooting operation at Allenby Crossing is a Jordanian Army soldier.
Israeli media citing Emergency Services: Both wounded in Allenby shooting operation now dead.

Canada hits back at US tariffs with $155Bln in trade penalties

  • By Al Mayadeen English
  • Source: Agencies
  • 4 Mar 2025 19:56
3 Min Read

Economic analysts suggest that the tariffs could slow economic growth in both countries, with potential long-term consequences for cross-border trade.

Listen
  • x
  • People work as a television displays a news conference by Canadian Prime Minister Justin Trudeau on the floor at the New York Stock Exchange in New York, Tuesday, March 4, 2025. (AP)
    People work as a television displays a news conference by Canadian Prime Minister Justin Trudeau on the floor at the New York Stock Exchange in New York, Tuesday, March 4, 2025 (AP)

Canadian Prime Minister Justin Trudeau cautioned on Tuesday that the United States' newly imposed tariffs on Canadian goods would have severe repercussions, describing the situation as a difficult challenge for the country.

"Now to my fellow Canadians. I won't sugarcoat it. This is going to be tough," Trudeau told reporters, acknowledging the economic strain the tariffs could bring.

Canada's Retaliatory Tariffs Take Effect

In direct response to Washington's decision, Canada has enacted 25% tariffs on $155 billion worth of US goods. The first wave, targeting $30 billion in American products, took effect immediately, while the remaining $125 billion will be implemented in 21 days.

"At the moment, the US tariffs came into effect in the early hours of this morning, and so did the Canadian response. Canada will be implementing 25% tariffs against $155 billion worth of American goods, starting with tariffs on $30 billion worth of goods immediately, and tariffs on the remaining $125 billion of American products in 21 days' time," Trudeau stated.

Related News

Maduro warns US that Venezuela, Caribbean must not face threats

Syrian National Bloc defends Syria sovereignty, rejects US-backed deal

The tariffs will remain in place until the US reverses its trade actions, and the Canadian government is considering additional non-tariff measures in coordination with provinces and territories.

Read more: Trump's tariffs mark a shift toward protectionism: WSJ

The escalating trade conflict is expected to hit multiple sectors, affecting supply chains and consumer prices in both countries. Canadian officials warn that industries such as agriculture, automotive, and retail could face disruptions, as US goods become more expensive.

Economic analysts suggest that the tariffs could slow economic growth in both countries, with potential long-term consequences for cross-border trade. In the US, businesses relying on Canadian exports may also feel the impact of Canada's retaliatory measures.

Trudeau Plans Talks With Trump

Amid rising tensions, Trudeau signaled his intent to speak directly with US President Donald Trump to discuss the ongoing trade dispute.

"I have offered to speak to Donald over the past number of days, and I expect to speak with him in the days to come," he said.

Trudeau also dismissed Trump's claim that the tariffs were specifically tied to fentanyl concerns, arguing that the US decision was a broader economic measure that Canada had no power to prevent.

  • United States
  • tariffs
  • Justin Trudeau
  • Canada
  • Donald Trump

Most Read

Why is Choose Love using a firm with British and US intelligence connections to run a pro-Palestine musical event? (Al Mayadeen English; Illustrated by Batoul Chamas)

Together for Palestine: Troubling questions about the organisers of this huge event

  • Opinion
  • 17 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025
Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

  • Palestine
  • 14 Sep 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

12 Israeli soldiers killed, wounded in Resistance operation in Gaza

  • Politics
  • 18 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A Hezbollah supporter who lost his sight in a pager attack carried out by "Israel" on Sept. 17, 2024, covers his eyes with a red headband inscribed with the name "Hussein" during Ashoura, July 6, 2025 (AP)
Politics

'We Have Recovered': Lebanon marks 1st anniversary of Pager Attack

The Arab neighborhood of El Za'im, on the outskirts of east Occupied Al-Quds in the West Bank, near where Israeli government says housing units will be built as part of the E1 settlement project, Thursday, August 21, 2025. (AP Photo/Ohad Zwigenberg)
Palestine

'Israel’s' deliberate policies drive West Bank economy toward collapse

Ben & Jerry's ice cream shop, Wednesday, Feb. 26, 2025, in Cambridge, Mass. (AP Photo/Charles Krupa)
Politics

Ben & Jerry’s co-founder resigns over parent company curbing activism

Trump’s approval rating falls to new low in second term: Poll
US & Canada

Trump’s approval rating falls to new low in second term: Poll

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS