Canada Slaps $20 Billion Worth of US Goods with Tariffs Amid Escalating Trade War
Canada's tariffs on US goods have taken effect, impacting over $20 billion worth of American products. The duties range from 15% to 50% and target various sectors including steel and aluminum, dairy, appliances, clothing, and electronics.
In a speech posted online, Canadian Prime Minister Mark Carney stated that the tariffs are necessary to protect Canadian workers, companies, and communities. He vowed to 'do whatever it takes for as long as it takes' to support those affected by the trade tensions.
US Trade Representative Jamieson Greer defended President Trump's tariffs, saying they aim to fix problems left by globalization and bring fairness back to trade. However, Canadian officials have expressed concerns about the impact on their economy and jobs.