How Will Donald Trump's Tariff Affect Your Household Budget? Explained

Canada will retaliate against President Donald Trump's new tariffs with 25% levies on a raft of U.S. imports, Prime Minister Justin Trudeau said on Saturday (February 1), warning Americans that Trump's actions would have real consequences for them. As relations between the long-time allies who share the world's longest land border reach a new low, Trudeau told a news conference he was slapping tariffs on C$155 billion ($107 billion) of U.S. goods. Those on C$30 billion ($21 billion) will take effect on Tuesday, the same day as Trump's tariffs, and duties on the remaining C$125 billion ($86 billion) in 21 days, he said.
#Canada #Tariffs #TradeWar #donaldtrump #USCanada #Economy #JustinTrudeau #USExports #PriceHike #TradePolicy #BreakingNews #GlobalEconomy #inflationdata
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