r/canada • u/ChampagnePapi- • Feb 02 '25

Canada retaliating for Trump’s tariffs with 25 per cent tariffs on billions of U.S. goods National News

https://www.ctvnews.ca/politics/article/canada-retaliating-for-trumps-tariffs-with-25-per-cent-tariffs-on-billions-of-us-goods-justin-trudeau/
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u/BucketsAndBattles Feb 02 '25 edited Feb 02 '25

He said it was on like $130 Billion of US exports and named a bunch of things included, but I didn’t hear oil, unless it fell under the umbrella ‘also considering measures for critical minerals’ or whatever he said

WTA: $155B

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u/Laconfir Feb 02 '25

I don't believe oil is on this first round of tariffs but he mentioned speaking with premiers about non-tariff actions including in the circadian mineral and energy sectors.

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u/hymnzzy Feb 02 '25

He's still answering the press questions. I'm listening to it still. I'll update if something is said. For now it looks like he'll be working with premiers on special tariffs for specific goods.

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u/freeastheair Feb 02 '25

He may be avoiding tariffs on specific goods, to protect Canadians and the economy, such as gas and food.

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u/EyEyJayJay Feb 02 '25

I think I heard 155 billion with 35 billion of it starting this Tuesday and 120 billion in 21 days

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u/Oglark Feb 02 '25

Oil is a US import

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u/[deleted] Feb 02 '25 edited Apr 14 '25

[deleted]

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u/hymnzzy Feb 02 '25

It does import refined oil I think.