The trade war is on between Canada and the U.S. Here’s what you need to know
- U.S. President Donald Trump imposed new tariffs, including a 25% levy on Canadian imports, impacting consumer goods and likely causing prices to rise.
- In response, Canadian Prime Minister Justin Trudeau announced tariffs on $30 billion worth of U.S. Goods, with further tariffs on $125 billion after three weeks.
- Prices of groceries, electronics, and vehicles are expected to increase due to the tariffs, according to analysts including Andreas Schotter and Tu Nguyen.
- The trade conflict has united major Canadian political parties and businesses in imposing counter tariffs and promoting 'buy Canadian' strategies to protect the economy.
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Canada will not ‘go through this psychodrama every 30 days’, Joly says. Live updates on the trade war here.
U.S. President Donald Trump has unleashed tariffs against Canada, setting in motion a trade war between two countries with deeply linked economies, jeopardizing jobs and likely raising consumer prices on both sides of the border.
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Total News Sources49
Leaning Left16Leaning Right4Center7Last UpdatedBias Distribution59% Left
Bias Distribution
- 59% of the sources lean Left
59% Left
L 59%
C 26%
15%
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