Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.

Canada will announce new trade duties on some $21 billion-worth of U.S. goods in response to President Donald Trump implementing universal steel and aluminum tariffs Wednesday that were also applied to Canada.

Both the European Commission and Canada have called the tariffs enacted by President Donald Trump “unjustified.”