CANADA ~ The trade war between the U.S. and Canada escalated Tuesday afternoon when Canada announced about $20 billion dollars worth of retaliatory tariffs on U.S. goods.
Canadian Prime Minister Mark Carney said these new tariffs matched tariffs imposed by President Donald Trump “dollar for dollar.” Trump’s tariffs went into effect Saturday, amounting to 50% tariffs on about $20 billion worth of Canadian goods.
Canada’s tariffs will apply 15-50% tariffs on a range of U.S. goods, with the steel, aluminum, dairy, fish, seafood, perfume, and clothing industries just some of the impacted sectors.
Stay tuned with WJR for more updates on the U.S.-Canada trade war.
