Canada Tariffs Take Effect as US Talks Stall
Canada implemented twenty billion dollars in retaliatory tariffs on American goods as trade negotiations with the United States stalled. The escalation threatens the broader USMCA free trade agreement and creates economic uncertainty.
Canada launched $20B in retaliatory tariffs against the United States overnight on Tuesday, intensifying an 18-month trade war. The duties follow the collapse of bilateral trade negotiations last month.
