Canada hits back with tariffs up to 50% on 700 US goods

Canada has announced retaliatory tariffs of up to 50% on over 700 US products, including steel and aluminum, in response to President Trump's trade actions. Trump responded by accusing Canada of cheating the US for decades. The Canadian measures target a wide range of American goods and escalate the ongoing trade dispute between the two nations. Ottawa's announcement follows Trump's recent imposition of tariffs on Canadian imports, prompting this significant counter-response. The trade conflict has intensified as both countries exchange punitive tariffs, affecting key industries and bilateral trade relations. The dispute continues to develop with no immediate resolution in sight.