CP NewsAlert: Trudeau announces 25 per cent targeted retaliatory tariffs

President Donald Trump speaks to reporters as he signs executive orders in the Oval Office of the White House, in Washington, Friday, Jan. 31, 2025. THE CANADIAN PRESS/AP-Evan Vucci

WASHINGTON — Prime Minister Justin Trudeau says Canada will impose 25 per cent immediate retaliatory tariffs on American good worth $30 billion starting Tuesday in the wake of U.S. Donald Trump's move to slap Canada with devastating duties.

Trudeau said an additional $125 billion in duties on American products will follow in 21 days, allowing Canadian consumers and supply chains to find alternatives.

More to come.

Kelly Geraldine Malone, The Canadian Press

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