On February 3rd, local time, the Canadian government released a press release on its official website, announcing a product catalog for retaliatory tariffs against the United States. “In response, we will impose a 25% tariff on $155 billion worth of US imported products. Canadian Finance Minister LeBron announced the complete list of tariffs imposed on $30 billion worth of goods imported from the United States on the same day, which is the first phase of Canada’s response to the unreasonable tariffs imposed by the United States on Canadian goods. This measure will take effect when the US tariffs are implemented on February 4th. This list includes products such as beverages, cosmetics, and paper products. The Canadian government also plans to impose tariffs on another $125 billion worth of US imported products. The second list will be released in the coming days, which will include passenger cars, trucks and buses, steel and aluminum products, certain fruits and vegetables, aerospace products, beef, pork, dairy products, and other products. There will be a 21 day public opinion consultation period before the implementation of tariffs. (CCTV News)
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