The US and Canada could pull back from an all-out trade war. It's not clear that they will
Canada says U.S. demands would have compromised sovereignty as retaliatory tariffs on about $20 billion of American goods move ahead.
- Canada retaliated against the United States on Tuesday by announcing steep new tariffs on roughly $20 billion worth of American goods, escalating the trade war after negotiations between Canadian Prime Minister Mark Carney and President Donald Trump collapsed.
- Explaining Canada's decision to walk away Friday, Carney accused the administration of attempting to "destroy our major industries," including autos, steel, and aluminum, while treating Canada as a "subsidiary of the United States."
- President Trump has threatened to label Lake Ontario "Lake America" and demanded Canada "fall in line," complicating a trade relationship valued at $880 billion last year.
- Border states including Ohio and Michigan may face significant impacts, as UCLA School of Law professor Kimberly Clausing noted these regions will suffer from reduced trade in autos and auto parts.
- Former U.S. negotiator Wendy Cutler suggests the countries may eventually strike a deal to end the conflict, as current tariffs cover only around 5% of Canadian exports to the United States.
53 Articles
53 Articles
Winnipeg Free Press
The Latest: Canada strikes back at US with retaliatory tariffs as trade war escalates
Canada struck back at the United States on Tuesday with retaliatory tariffs on about $20 billion worth of American goods, including steel, dairy products, appliances and farm equipment, as the trade war between the once-friendly neighbors escalated sharply.
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Santa Maria Times
WASHINGTON (AP) — The U.S. and Canada have intensified their trade war, imposing new and high tariffs on each other in retaliation. Despite the fanfare coming from both sides of the border, analysts suspect that these long-term allies...
Mark Carney shows the world how to bite back at Trump's tariffs
Canadian Prime Minister Carney has announced the suspension of Canada-United States trade talks, citing “last-minute changes” made by American negotiators that “were unfair, uneconomic and called into question the reliability of any deal.” Within hours, President Donald Trump’s new Section 338 tariffs, targeting US$28 billion in Canadian goods, took effect. Early estimates project that the […] The post Mark Carney shows the world how to bite bac…
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