What to know about Canada-US trade war
TORONTO — Canada struck back at U.S. President Donald Trump on Tuesday with tariffs on about $20 billion worth of U.S. goods, in response to the latest round of tariffs on Canada. The outcome could resonate far beyond Canada, showing other governments whether a smaller U.S. ally can withstand Trump’s economic pressure. Canadian Prime Minister Mark Carney says U.S. demands could hollow out key…
In a response to escalating U.S. tariffs, Canada imposed tariffs on approximately $20 billion worth of American goods to counter the economic pressure from President Donald Trump. This retaliatory move could set a precedent for other nations facing similar economic threats from the United States.
Canadian Prime Minister Justin Trudeau's counterpart, Mark Carney, expressed concerns that the U.S. demands could weaken key Canadian industries and undermine the country's independence. Critics argue that Trump's threats to Canadian sovereignty have galvanized public support for the Canadian government.
The tariffs targeted hundreds of American products such as steel, aluminum, cheese, appliances, clothing, cosmetics, and farm equipment, with imposition rates ranging from 15 percent to 50 percent.
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- What to know about Canada-US trade war koreatimes.co.kr
