US and Canada Escalate Trade Dispute with Tariffs and Retaliation
The United States and Canada are heading towards a trade war after the US imposed new tariffs, prompting Canada to vow retaliation. Negotiations between the two countries have failed, leading to heightened tensions and warnings of devastating consequences.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Excellent (84/100)Sources
US warns Canada not to think it can win ‘devastating’ trade war
The Trump administration on Sunday warned that Canada would be “foolish” to think it could win a trade war with the United States, predicting a “devastating” impact on its northern neighbour. Negotiations between Washington and Ottawa broke down late Friday, putting into force new 50 per cent US tariffs impacting about US$20 billion worth of Canadian goods, or 5.5 per cent of Canadian exports to the US. Canada in retaliation said it would match US tariffs, with new levies notably targeting th...
By Agence France-Presse
Read full article →
