Canada Strikes Back with Tariffs on Food, Beverages, Appliances in Trade War
Canada has announced its retaliation against the US in the ongoing trade war. The Canadian government has identified specific states and industries to target with tariffs on food products, beverages, and appliances.
The move comes after new 50% U.S. tariffs kicked in, which Canada's economy had shown surprising resilience to but is expected to continue at a lower rate of growth.
According to Canadian officials, the targeted states include those involved in key industries such as food and beverages.