Full List of US Trade Tariffs Hitting Canada From Today
Canadian Prime Minister Mark Carney has vowed to match the new 50 percent levies "dollar for dollar."
Canada's Prime Minister Mark Carney denounced U.S. tariffs targeting Canadian products, stating the measures were unfair and uneconomic. The trade dispute began after U.S. President Donald Trump announced a "very good deal" was nearing completion. However, disagreements over car and alcohol exports, among other issues, led to the collapse of negotiations.
Canada intends to impose 50% duties on approximately $20 billion worth of U.S. imports, including motor vehicles, alcohol, and dairy. The U.S. claims the tariffs are necessary to counterbalance Canada's restrictions on American goods.
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