Canada Strikes Back at US Trade War with Tariffs on Food, Beverages, and Appliances
Canada has launched retaliatory tariffs against the United States in response to its trade war with Trump. According to officials, the Canadian government targeted specific states and industries with these tariffs, including those on food products, beverages, and appliances.
The move is an attempt to apply political pressure on U.S. officials. The tariffs were imposed after Canada's economy showed surprising resilience, beating expectations with strong 3.3% growth in the second quarter. However, this growth is expected to continue at a much lower rate due to new 50 per cent U.S. tariffs that have kicked in.
The targeted states and industries are not specified in detail by the source, but it notes that Canadian officials aimed to apply political pressure on U.S. officials through these retaliatory measures.