Canada has retaliated against US tariffs by imposing duties on about USD 20 billion worth of American goods, including steel, dairy, appliances and clothing, with rates up to 50%. The move escalates tensions after President Donald Trump threatened further tariffs, putting the deeply integrated US-Canada trade relationship and businesses on both sides at risk.
Toronto: Canada struck back at the United States on Tuesday with retaliatory tariffs on about USD 20 billion worth of American goods, including steel, dairy products, appliances and farm equipment, as the trade war between the once-friendly neighbours escalated sharply.
The tension threatened one of the world's largest trading relationships. The new tariffs extended well beyond industrial goods, hitting everyday purchases such as seafood, cheese, clothing, cosmetics and toilet paper, with some facing duties as high as 50 per cent.
Canada Retaliates Against US
Canada's retaliation came after the Trump administration imposed 50 per cent tariffs over the weekend on Canadian goods following the collapse of trade negotiations.
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