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LIVE: Justin Trudeau Speaks on Canada’s Response To Trump Tariffs and Retaliatory Tariffs | N18G

Canada LIVE: Justin Trudeau Holds News Conference After US Tariffs and Canadian Retaliatory Tariffs | CNBC TV18 OTTAWA, ONTARIO - Canadian Prime Minister Justin Trudeau holds news conference after US tariffs and Canadian retaliatory tariffs take effect, marking a new low in relations between the long-time allies. OTTOWA, ONTARIO, CANADA - Canadian Prime Minister Justin Trudeau will hold a press conference. He will be joined by the Minister of Finance and Intergovernmental Affairs, Dominic LeBlanc, the Minister of Foreign Affairs, Mélanie Joly, and the Minister of Public Safety, David J. McGuinty. The U.S. president’s long-promised tariffs took effect at midnight, adding a 25 per cent levy on imports to the United States from Canada and Mexico, with a lower 10 per cent tariff on Canadian energy. Prime Minister Justin Trudeau, who has promised to retaliate with equal tariffs on American goods entering Canada, is set to speak about Canada’s response at 9:30 a.m. local time on Tuesday. Trudeau called the tariffs “unjustified” in a statement issued on Monday night. Canada’s response is expected to begin with tariffs on $30 billion worth of American goods, with even more counter tariffs expected to hit before the end of the month. “Our tariffs will remain in place until the U.S. trade action is withdrawn, and should U.S. tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures,” Trudeau said in the statement. #justintrudeau #canadatariffs #trumptariffs #uscanadarelations #cnbctv18 #tariffwar

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