Canada strikes back with 25% tariffs on select US goods

Canada is responding to U.S. tariffs with its own set of duties on imports from the country.

Prime Minister Justin Trudeau on Saturday evening announced the country would institute a 25% tax on $155 billion worth of U.S. imports, as a direct response to 25% tariffs on Canadian goods put in place earlier in the day by U.S. President Donald Trump.

The tariffs will be implemented in two phases, according to a press release from Canada’s Department of Finance.

The first tranche will enter into f…