After Canadian Prime Minister Justin Trudeau announced retaliatory tariffs on U.S. goods, U.S. President Donald Trump has warned Canada that he will further hike tariffs. 25-percent tariffs on Mexican and Canadian imports took effect on Tuesday, prompting Trudeau to announce these retaliatory tariffs. Canada will enact tariffs on over $100 billion of U.S. goods. On Tuesday, Trudeau told reporters that Trump was hoping his trade war would result in “a total collapse of the Canadian economy because that’ll make it easier to annex us.” 

Read more: https://www.aljazeera.com/news/2025/3/4/trump-threatens-further-tariff-hikes-for-canada-retaliation