Canada to hit US goods with retaliatory tariffs after Carney rejects Trump demands

firstpost.com

Canada will announce retaliatory tariffs on US goods Tuesday after Prime Minister Mark Carney rejected Washington's trade terms as unacceptable, an official said. The move escalates tensions between the neighbours following collapsed negotiations. Carney ended trade talks in Washington over the weekend, saying US demands threatened key Canadian industries. President Trump has threatened to expand duties to 50 percent on Canadian automobiles, auto parts and steel, alarming sectors reliant on the integrated supply chain. Ottawa plans targeted measures rather than dollar-for-dollar tariffs, aiming to protect domestic industries while avoiding harm to Canadian consumers. Ontario Premier Doug Ford warned "everything is on the table," including potential restrictions on electricity exports, as manufacturers and farmers on both sides face disruption.


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