Canada is set to announce retaliatory tariffs against the United States as trade tensions intensify following the collapse of negotiations. Prime Minister Mark Carney has rejected US demands, while President Donald Trump has threatened higher tariffs on Canadian vehicles, auto parts and steel, escalating the dispute between the two neighbours
Canada is preparing to announce retaliatory tariffs against the United States as tensions between the two countries escalate following the breakdown of trade negotiations with the Trump administration.
According to a report by The Associated Press, an official familiar with the plans said that Canada would unveil the measures on Tuesday.
Canada prepares targeted retaliation
Prime Minister Mark Carney said Ottawa may move away from matching US tariffs dollar-for-dollar and instead impose targeted measures designed to protect Canadian workers and businesses.
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