Canada hits back with dollar-for-dollar tariffs as US trade war escalates

1 min read
Source: Al Jazeera
Canada hits back with dollar-for-dollar tariffs as US trade war escalates
Photo: Al Jazeera
TL;DR

Canada will retaliate dollar-for-dollar against US 50% tariffs on about $20 billion of goods, targeting steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics; Ottawa plans to announce the details soon and says the measures could last years, while Washington says no new talks are planned and warns higher costs for businesses and families as Canada seeks to diversify its trade relationships.

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