$28 Billion in Tariffs Take Effect as Canada Escalates Trade War with US
Canada's retaliatory tariffs on $28 billion worth of U.S. goods have taken effect, according to reports from CFJC Today Kamloops.
The move comes as U.S. Trade Representative Jamieson Greer considers imposing retaliatory tariffs on Canadian goods, with a decision potentially coming today.
Quebec Premier Christine Fréchette is urging Quebecers to shop local and warning of tough times ahead for the province's economy, which will prioritize local businesses in its contracts and purchases.
Prime Minister Mark Carney has warned Canadians that pivoting away from the U.S. will come at a cost but insists the alternative would be worse.