Trump announces reciprocal tariffs on all goods entering the U.S

U.S. President Donald Trump announced new "reciprocal tariffs" on all goods entering the U.S., aiming to match tariffs imposed by other countries. This could lead to a trade conflict, with Canada potentially affected due to its trade relationship with the U.S. Reciprocal tariffs differ from retaliatory tariffs, which are responses to new tariffs. Canada does not currently impose broad tariffs on U.S. goods, so Trump's proposed tariffs would not be reciprocal. Canada has prepared retaliatory tariffs if necessary. The tariffs target countries with high trade surpluses with the U.S. and could disrupt global trade. Experts warn this may lead to economic uncertainty and rising costs for consumers in both the U.S. and Canada.