Canada to Hit US Back with Tariffs After Trade Talks Fail
The trade standoff between Ottawa and Washington has escalated as Canada announced tariffs on US products.
In an ongoing trade dispute with the United States, Canada announced on Saturday that it will introduce tariffs on several US products starting September 8. This move comes in retaliation to the US imposing 50% tariffs on a broad range of Canadian products earlier in the day, following the failure to reach a trade deal on Friday.
Canadian Prime Minister Mark Carney defended the decision, stating that Ottawa would match Washington's new tariffs dollar for dollar to protect Canadian workers, farmers, families, and businesses. The retaliatory tariffs will target steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics, affecting some $20 billion (€17 billion) worth of Canadian exports to the US.
Canadian officials, including Premier Doug Ford, expressed support for Carney's decision, while US Democratic lawmakers and governors criticized Trump for escalating the trade conflict.
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