Escalating trade dispute: Defiant neighbour - Canada takes on Trump
Donald Trump imposed hefty punitive tariffs on Canada. Instead of backing down, the neighbour is opting for toughness. Could this approach also become a model for other countries?
Canada and the US are locked in a trade dispute, with Canadian Premier Doug Ford calling US President Donald Trump a "dictator", "loser" and "king of bankruptcies". The US has imposed 50% tariffs on Canadian goods worth $20 billion, including hockey sticks, furniture, honey and wine, prompting Canada to retaliate with similar tariffs on US imports.
The Canadian government has also announced support measures for affected industries worth 7.5 billion Canadian dollars. The trade tensions have been escalating, with Trump threatening to increase import duties on Canadian autos and steel, and Canadian Prime Minister Mark Carney accusing the US of trying to "destroy" Canadian industries.
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.
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