Canada to unveil response to Trump's new tariffs Tuesday

channelnewsasia.com

Canada will announce its response to new US tariffs on Tuesday, escalating a trade war between the former allies. The announcement follows failed talks and new 50 per cent duties on select Canadian goods that took effect Saturday. Prime Minister Mark Carney rejected what he called a "bad deal" and unveiled retaliatory tariffs effective September 8, targeting US steel, dairy, agricultural equipment, paper, and electronics. Trump has also threatened to double tariffs on Canadian autos to 50 per cent next year. Canada is the US's second-largest trading partner, with Canadian exports to America representing 70 per cent of its total. Polling shows three in four Canadians support walking away from talks, though two in five fear for their jobs.


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Canada to unveil response to Trump's new tariffs Tuesday | News Minimalist