Canada strikes back at US with retaliatory tariffs as trade war escalates
Canada struck back at the United States on Tuesday with retaliatory tariffs on about $20 billion worth of American goods, including steel, dairy products, appliances and farm equipment, as the trade war between the once-friendly neighbors escalated sharply. The confrontation threatened one of the world’s largest trading relationships and further strained ties between the United States and a…
Canada has responded to retaliatory tariffs imposed by the United States with its own set of tariffs on over $20 billion worth of American goods, including steel, dairy products, appliances, and farm equipment. This escalation in the trade war threatens one of the world's largest trading relationships and has put pressure on Canadian businesses and consumers.
Finance Minister François-Philippe Champagne called the situation an "unprecedented challenge," while Industry Minister Mélanie Joly urged Canadians to buy Canadian goods to protect jobs and launch a "movement of resistance."
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