The Canadian government
announced retaliatory tariffs on US goods that look to go beyond the value of US tariffs on imports of Canadian steel and aluminum.
Canadian Prime Minister Justin Trudeau and Foreign Affairs Minister Chrystia Freeland announced the responsive measures to President Donald Trump's tariffs on steel and aluminum from the US's northern neighbor.
Freeland and the Canadian government pegged the total value of the goods subject to the Canadian tariffs at 16.6 billion Canadian dollars, or
roughly $12.8 billion US dollars. Those values are roughly equal to that of the Canadian steel and aluminum exports to the US.
"In response to these measures, Canada intends to impose surtaxes or similar trade-restrictive countermeasures against up to C$16.6 billion in imports of steel, aluminum, and other products from the US, representing the value of 2017 Canadian exports affected by the US measures," Canada's government wrote on its official website.
A spokesperson for the Canada's Global Affairs office also confirmed to Business Insider that the target was to place tariffs on 16.6 billion Canadian dollars.
Good, the Canuks are striking back.
The war is on apparently, and Canada ain't taking it laying down
Now we will see what the EU and Mexico do next, and I bet it ain't going too be pretty.
Trump is an idiot, and now the American people are going to feel the brunt of his stupidity.
Fucking asshole.
