Official announcement from the Canadian government or relevant trade authorities

Trudeau Vows Retaliation if Trump Imposes 25% Tariffs on Canada Starting February 1

Jan 21, 2025, 04:36 PM

Canadian Prime Minister Justin Trudeau has vowed to respond strongly if U.S. President Donald Trump proceeds with imposing 25% tariffs on Canadian imports, which could take effect as early as February 1. Trudeau stated that "Canada will respond, and everything is on the table," indicating that his government is prepared to implement retaliatory measures, including "dollar-for-dollar matching tariffs." He acknowledged that such actions would "cost Canadians," but assured that the federal government would be "there to support and compensate businesses" impacted by the trade dispute. Canadian officials have described their potential response as "robust, rapid, and measured," signaling a readiness to engage in a trade dispute if necessary.