Trade Tensions Rise as Trudeau Lashes Out at Trump Tariffs

Canadian PM Justin Trudeau harshly criticized American tariffs and Donald Trump's approach towards Russia. In retaliation, Canada will impose tariffs on American goods. The escalating trade war has led to strained American-Canadian relations, with Canada planning to increase taxes and stop selling various American products.

In a fiery address, Canadian Prime Minister Justin Trudeau denounced American tariffs as "very dumb," accusing US President Donald Trump of prioritizing Russia while waging an economic battle against Canada.

Trudeau announced Canada's plan to retaliate with significant tariffs on American goods in response to Trump's 25 percent levy. Canada's close ties with the US are now strained, as noted by Trudeau's emotional comments.

The trade conflict has triggered immediate retaliation from Canada, Mexico, and China, destabilizing financial markets. Political and economic tensions persist, with Canadian officials pushing back against American economic strategies.

(With inputs from agencies.)