Canada punches back against Trump with major tariffs of its own as trade war set to begin on Tuesday [Video]

OTTAWA – Canada is responding to President Donald Trump’s 25% tariffs imposed on Saturday against its northern neighbor with its own major retaliatory measures, Canadian Prime Minister Justin Trudeau announced late Saturday night.

As of Tuesday, when the U.S. tariffs take effect, Canada will impose 25% duties on about $21 billion of American goods with a further $86 billion to follow within 21 days to allow Canadian companies and supply chains to find alternatives, Trudeau told reporters at a news conference on Parliament Hill in Ottawa, surrounded by his foreign affairs, finance and public safety ministers.

He said the Canadian tariffs on U.S. imports will cover a “far-reaching” range of products, including American beer, wine, bourbon, fruits and fruit juices, vegetables, clothing, shoes, household appliances, furniture, sports equipment, lumber, plastics, “along with much, much more.”

In Trump’s executive order issued on Saturday, Canadian energy resources will face a lower 10% tariff.

TRUMP IMPOSES TARIFFS …