Canada Responds to U.S. Tariffs: 25% Tariff Imposed on Products Worth 155 Billion Canadian Dollars:
Canadian Prime Minister Justin Trudeau has imposed a 25% tariff on U.S. products
in response to the tariffs previously announced by U.S. President Donald Trump.

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Canada Responds to U.S. Tariffs
ECB Governor

Canada Responds to U.S. Tariffs: 25% Tariff Imposed on Products Worth 155 Billion Canadian Dollars.

Canadian Prime Minister Justin Trudeau has imposed a 25% tariff on U.S. products

in response to the tariffs previously announced by U.S. President Donald Trump.
Trudeau made this announcement during a press conference,
where he clarified that the government would apply these tariffs
to products with a total value of 155 billion Canadian dollars.

Trudeau added that the tariff implementation will begin next Tuesday on goods worth 30 billion dollars,

and additional tariffs will be imposed on goods worth 125 billion dollars within 21 days.

ECB Governor Expects U.S. Tariffs to Impact Inflation, Interest Rates, and Weaken the Euro

Klaas Knot, a member of the European Central Bank’s Governing Council,
expressed his expectations that the new tariffs announced by U.S. President Donald Trump
will lead to higher inflation and interest rates in the United States,
which will likely weaken the euro.
These remarks were made during his Sunday statements.

Knot, who also serves as the Governor of the Dutch Central Bank,
stated in an interview with Dutch television that trade wars harm all involved parties.
He pointed out that the best economic response to the imposition of tariffs is to refrain from taking any countermeasures.

However, Knot predicted that the affected countries would inevitably respond to these measures,
primarily driven by political considerations rather than economic ones.

Canada Responds to U.S. Tariffs: 25% Tariff Imposed on Products Worth 155 Billion Canadian Dollars.

Canada Responds to U.S. Tariffs

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