Tariffs: Canadian Prime Minister Mark Carney denounces the trade "war" launched by Donald Trump

The United States and Canada have imposed new tariffs on each other's goods, escalating a trade war between the two countries. The US imposed 50% tariffs on $20 billion worth of Canadian goods, while Canada will apply surtaxes on US steel and dairy products starting September 8.

The tariffs were imposed in response to the US's new import taxes, which Canada's Prime Minister described as an "attack" on his country. He accused the US of using "economic integration as a weapon" and said that Canada had been "attacked" by the new American tariffs, adding that "you're at war when you get attacked."

The trade tensions between the two countries have resulted in a loss of trust, with no further talks planned. According to Fortune, the US tariffs will hit about 5% of what Canada ships to the US every year, ranging from hockey sticks to tongue depressors.

Brief written by urgent.news from Le Monde Economie, Fortune, CBC Canada — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.