On Saturday night, shortly after 9 p.m. ET, Prime Minister Justin Trudeau delivered a speech on Parliament Hill announcing Canada's response to a 25 per cent tariff U.S. President Donald Trump is imposing on most Canadian goods.

Trump says he will hold another conversation later on Monday as tensions between two countries - Anadolu Ajansı

Even as Canada’s prime minister announced more than $100 billion in retaliatory tariffs, he made clear that he was imposing them reluctantly.

President Trump said he will implement a 25% tariff on most Canadian goods. The Kentucky bourbon industry could be impacted by retaliatory tariffs.

As top exporter of steel and aluminium to the US, Canada sees new trade barriers as a threat to their economy.

Tariff retaliation: Mexico and Canada immediately vowed to impose tariffs of their own. The Canadian prime minister, Justin Trudeau, announced retaliatory tariffs starting with 25 percent tariffs on approximately $20 billion worth of U.S. goods on Tuesday, with $85 billion more to follow within three weeks.

Prime Minister Justin Trudeau says Canada's response to the Trump administration's threatened 25 per cent tariffs on steel and aluminum will be clear and firm, but stopped short of saying whether Ottawa will respond with dollar-for-dollar counter measures.

Prime Minister Justin Trudeau says Canada will have a "firm and clear" response to the tariffs due to go into effect next month.

In a direct challenge to US trade policy, Canadian Prime Minister Justin Trudeau has denounced planned steel tariffs as 'entirely unjustified', warning of firm resistance from America's closest ally.