Carney-Trump trade war: Canada set to impose retaliatory tariffs on US products
Unless there is a last-minute reprieve, Carney’s government will raise tariffs on several US steel products to 50% from 25%. The new measures will also cover a range of consumer goods, including motorcycles, cosmetics and cheese.
U.S. tariffs are a key issue in Quebec's election campaign, with Premier Christine Fréchette warning of potential further retaliation from the Trump administration. Speaking at a news conference in Mirabel, Fréchette stated that a U.S. response to Canadian counter-tariffs, set to take effect, could spark another trade war round.
The Quebec government has expressed concerns that some of the U.S. retaliatory measures could negatively impact Quebec businesses. Federal Finance Minister François-Philippe Champagne informed Quebec Economy Minister Bernard Drainville about the countermeasures, but did not specify any changes. Fréchette has called for opposition party leaders to meet after the cabinet meeting, while some have declined the invitation.
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- Quebec Premier warns of further U.S. tariffs as Canada prepares retaliation winnipegfreepress.com
