Canada's counter-tariffs take effect on several US goods as trade war reignites
North AmericaBusinessHigh confidence — 89/100
Canada's counter-tariffs on billions of dollars in US products took effect Tuesday, as a trade war between the two countries heated up.
Ottawa's pushback comes weeks after US President Donald Trump imposed 50-percent tariffs on a similar value of Canadian products, over what Washington deemed as "discriminatory treatment" against US alcohol, automobile and dairy industries.
Trade tensions soar as Canada matches US tariffs ‘dollar-for-dollar’, impacting 700 products and multiple industries.
Confirmed
Canada's counter-tariffs on billions of dollars in US products took effect Tuesday, as a trade war between the two countries heated up.
Ottawa's pushback comes weeks after US President Donald Trump imposed 50-percent tariffs on a similar value of Canadian products, over what Washington deemed as "discriminatory treatment" against US alcohol, automobile and dairy industries.
Trade tensions soar as Canada matches US tariffs ‘dollar-for-dollar’, impacting 700 products and multiple industries.