Canada Targets Trump's Strongholds with Retaliatory Tariffs
Canada is pushing back against the trade war with the United States by targeting specific states and industries with retaliatory tariffs. The Canadian government has chosen to target U.S. states that are major food producers, such as Wisconsin and Minnesota, in order to apply pressure on U.S. officials.
The 50% U.S. tariffs kicked in before Canada's economy showed surprising resilience with a strong 3.3% growth in the second quarter. However, growth is expected to continue at a much lower rate due to these new tariffs.