On February 2, Canadian Prime Minister Justin Trudeau addressed the United States' decision to impose a 25% tariff on most Canadian goods. Trudeau stated, "Canadians did not want this, but are prepared." He shared this message on social media and mentioned meeting with Canadian Premiers and the Cabinet to discuss the situation. Trudeau also planned to speak with President Sheinbaum of Mexico.
The US, led by President Donald Trump, announced these tariffs citing concerns over illegal immigration and drug smuggling, including fentanyl. Trump used the International Emergency Economic Powers Act (IEEPA) to implement a 25% tariff on imports from Canada and Mexico, and a 10% tariff on Canadian energy and Chinese goods. He emphasized the need to protect Americans and fulfill a campaign promise.
Trudeau assured Canadians that the government is prepared to handle the situation and planned to address the nation later that evening.
Justin Trudeau is the Prime Minister of Canada. He is like the leader of the country, similar to the Prime Minister of India.
Tariffs are like extra taxes that a country puts on goods coming from another country. In this case, the US is charging extra money on things coming from Canada.
A 25% tariff means that for every 100 rupees worth of goods Canada sends to the US, they have to pay an extra 25 rupees as a tax.
Donald Trump was the President of the United States at the time this happened. He was the leader of the US, similar to the President of India.
This is a law in the US that allows the President to take certain actions, like imposing tariffs, during emergencies to protect the country.
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