Canada Imposes US Retaliatory Tariffs
Canada has enacted retaliatory tariffs ranging from 15% to 50% on up to $20 billion of United States products. The move follows months of escalating trade disputes and the collapse of recent negotiations between the two nations.
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Canada imposed retaliatory duties ranging from 15% to 50% on over 700 products from the United States, targeting up to $20 billion in trade. The measures mark a steep escalation in bilateral tensions as the USD/CAD currency pair reacts to mounting economic friction. The move follows the collapse of trade talks after the U.S. enacted 50% tariffs on Canadian goods.
