Canadian Prime Minister Justin Trudeau announced 25% tariffs on U.S. goods in response to President Donald Trump's tariffs on America's northern neighbor.

If President Trump's tariffs against Canada take effect, Canadian Prime Minister Justin Trudeau said the U.S. would immediately face a raft of countermeasures on Tuesday. Why it matters: Trump's comments Monday that he would impose 25% tariffs on Canada and Mexico sent markets sliding amid fears it could start a trade war,

US President Donald Trump said he would proceed with planned tariffs on Canada, Mexico, and China, causing a broad selloff in US stock markets. View on euronews

Canadian Prime Minister Justin Trudeau announced on Monday night that his country will retaliate against the U.S. if President Donald Trump goes through with his plan for tariffs on Canadian goods, which are set to take effect at 12:01 a.

Canadian Prime Minister Justin Trudeau said he wouldn’t allow President Trump’s tariff decision to “go unanswered,” and set in motion the imposition of retaliatory tariffs targeting about $100 billion of U.

As Donald Trump's tariffs on Canada are set to activate, Canadian Prime Minister Justin Trudeau said he would respond promptly with tariffs for America. Canada Prime Minister Justin Trudeau said Monday that “there is no justification” for Trump’s tariffs.