Trade dispute: Expert warns of "trade war" between Canada and US
After failed negotiations, Canada and the USA are getting into a tariff conflict with an open end. An expert warns of high costs - and from Canada comes biting criticism of Trump.
The escalating trade dispute between the US and Canada has raised concerns of a full-blown trade war. US President Donald Trump announced new 50% tariffs on several Canadian products, including hockey sticks, furniture, and wine, set to take effect later. In response, Canadian Prime Minister Mark Carney announced counter-tariffs to take effect on September 8.
Talks between the two countries broke down, with each side blaming the other for failing to reach an agreement. Ontario Premier Doug Ford supported Carney's decision not to accept what he described as a bad deal.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
