
CP NewsAlert: Deadline for Trump’s tariffs on Canada, Mexico passes with no relent
WASHINGTON — The deadline set by U.S President Donald Trump to impose economy-wide tariffs on imports from Canada and Mexico has passed.
The president’s executive order said 25 per cent across-the-board tariffs, with a lower 10 per cent levy on Canadian energy, would be implemented at 12:01 a.m. ET.
Prime Minister Justin Trudeau has said Canada will respond with 25 per cent tariffs on $155 billion worth of American goods.
Canada’s response is to start with tariffs on $30 billion worth of goods immediately and tariffs on the remaining $125 billion worth of American products 21 days later.