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U.S. – Canada Trade War Escalates with New Tariffs and Retaliations

New York, (Web Varta) On March 4, 2025, the U.S., under President Donald Trump, implemented a 25% tariff on imports from Canada and Mexico, along with an additional 10% tariff on Chinese goods. In retaliation, Canada announced matching tariffs on $155 billion worth of American products. Furthermore, Ontario has threatened to restrict electricity exports to the U.S. and potentially bar American alcohol. These actions are part of a broader context where Trump has cited the fentanyl crisis among the reasons for his tariff decisions.

On the other hand Justin Trudeau reacted to the same and expressed his views with retaliation on social media platform X by stating :

“Today the United States launched a trade war against Canada: their closest partner and ally — their closest friend.
Canadians are reasonable, but we will not back down from a fight.
Not when our country is at stake.”

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