Carney Fires 'Tariff Missiles' at Trump in Escalation of Trade War

Canadian Prime Minister Mark Carney has fired 'tariff missiles' at the United States in retaliation for trade tensions, slapping duties of 15 to 50 percent on hundreds of American goods. This marks a significant escalation in the trade war between the two countries.

The retaliatory tariffs aim to make American businesses and consumers feel the heavy cost of the trade war, forcing Washington back to the negotiating table. The measures will deal a certain blow to American manufacturers and exporters, particularly in states such as Michigan and Ohio.

Carney's decision has been met with widespread support from Canadians, with 85 percent backing his refusal to reach a deal with the United States and 80 percent supporting his retaliatory tariffs against the US. The public mood is seen as the backbone of Carney's head-on collision with Trump, but it remains to be seen how long the Canadian economy can endure economic pain.

The breakdown in negotiations was sparked by the American side turning aggressive and imposing harsher conditions at the last minute. Canada refused to concede, fearing that this would lead to its economy being hollowed out and its manufacturing sector being moved to the US.