Canada retaliates as trade war with US escalates

Canadian Prime Minister Mark Carney announced retaliatory tariffs against the United States on Saturday, escalating tensions in a deteriorating trade relationship between the two longstanding allies. The negotiations between the neighboring nations collapsed on Friday in Washington, leading to the implementation of new 50-percent U.S. tariffs on approximately $20 billion worth of goods, which constitute 5.5 percent of Canadian exports to the United States.

These affected products encompass a wide range, including hockey sticks and cement. Speaking to reporters, Carney asserted, "You're at war when you get attacked. We got attacked." In response, U.S. President Donald Trump lashed out at Canada on Sunday, declaring, "Canada wants the benefits of being a State, without being one!!! They have also charged our great farmers, for many years, massive amounts of tariffs.

No more!!!", according to a post on Truth Social. The new Canadian tariffs will primarily target the U.S. steel and dairy industries, with the measures set to take effect on September 8. Carney indicated that further details regarding the retaliatory tariffs would be provided next week.