https://arab.news/nfe5c
- Trump placed duties of 10 percent on all imports from China, 25 percent on imports from Mexico and Canada
- Says decision necessary “to protect Americans,” although it could throw global economy into possible turmoil
OTTAWA: Canada’s Prime Minister Justin Trudeau said on Saturday Canada would impose 25 percent tariffs on C$155 billion ($106.5 billion) of US goods in response to tariffs imposed by US President Donald Trump.
C$30 billion would take effect from Tuesday and C$125 billion in 21 days, Trudeau told a news conference.
China also said it “firmly opposes” the new tariffs imposed on Beijing and vowed to take “corresponding countermeasures to resolutely safeguard our own rights and interests.”
Trump earlier signed an executive order imposing 25 percent tariffs on all goods from Canada and Mexico starting on Tuesday except Canadian energy products, which will be subject to a 10 percent duty.
Trudeau warned the tariffs would hurt the United States, a long-time ally. He encouraged Canadians to buy Canadian products and vacation at home rather than in the US.
He said some non-tariff measures, including some relating to critical minerals, energy procurement and other partnerships are being looked at.
Trump also unveiled sweeping measures against China, announcing an additional 10 percent tariff on Chinese imports on top of existing duties.
In a statement on Sunday, China’s commerce ministry slammed Washington’s “erroneous practices,” saying Beijing was “strongly dissatisfied with this and firmly opposes it.”
The ministry said Beijing would file a lawsuit at the World Trade Organization, arguing that “the unilateral imposition of tariffs by the United States seriously violates WTO rules.”
It added that the duties were “not only unhelpful in solving the US’s own problems, but also undermine normal economic and trade cooperation.”
“China hopes that the United States will objectively and rationally view and deal with its own issues like fentanyl, rather than threatening other countries with tariffs at every turn,” the ministry said.
It said Beijing “urges the US to correct its erroneous practices, meet China halfway, face up to its problems, have frank dialogues, strengthen cooperation and manage differences on the basis of equality, mutual benefit and mutual respect.”