Canadian Prime Minister Justin Trudeau on Saturday announced retaliatory tariffs against the US.Canada will impose a 25% tariff on US goods, some effective Tuesday and others in 3 weeks.The tariffs came after Donald Trump implemented 25% tariffs on Canadian goods imported to the US.Canadian Prime Minister Justin Trudeau on Saturday announced retaliatory tariffs against the US in response to President Donald Trump's tariffs on Canadian imports, which were implemented earlier in the day."Tonight, I am announcing Canada will be responding to the US trade action with 25% tariffs against 155 billion dollars worth of American goods," Trudeau said during a press conference. "This will include immediate tariffs on $30 billion worth of goods as of Tuesday, followed by further tariffs on $125 billion worth of American products in 21 day's time to allow Canadian companies and supply chains to seek to find alternatives."Trudeau said the tariffs will apply to everyday items shipped from the US to Canada, including alcohol, fruits, clothing, and shoes, as well as major consumer products like household appliances and furniture, and materials like lumber and plastics."And as part of our response, we are considering with the provinces and territories several non-tariff measures, including some relating to critical minerals, energy procurement and other partnerships," Trudeau said.Canada's retaliatory measures come after Trump made good on an oft-repeated campaign pledge, implementing 25% tariffs on Canadian goods imported to the US in what he described as an effort to curb the fentanyl crisis.A 2022 report by a congressional commission on combatting synthetic opioids found Canada is not a major source of fentanyl or other synthetic opioids to the United States.Trudeau, who earlier this month announced his resignation as leader of Canada's Liberal Party, said during the Saturday press conference that he had not spoken to Trump since his inauguration on January 20 but pledged to remain available for negotiations over the countries' trade relations."If President Trump wants to usher in a new golden age for the United States, the better path is to partner with Canada, not to punish us," Trudeau said. "Canada has critical minerals, reliable and affordable energy, stable democratic institutions, shared values, and the natural resources you need. Canada has the ingredients necessary to build a booming and secure partnership for the North American economy, and we stand at the ready to work together."Representatives for the Trump administration and Trudeau's office did not immediately respond to a request for comment from Business Insider.Late Saturday, in response to Trump's trade moves against the country, Mexican President Claudia Sheinbaum also announced retaliatory 25% tariffs on imported US goods, per Reuters.BI previously reported economists predict the Chinese government will respond similarly, with retaliatory tariffs, limiting exports of raw materials used for semiconductor production, or other changes to its trade policies to squeeze the US economy.