Reported about 6 hours ago
The Canadian government has announced a series of counter-tariffs on US products in response to President Trump's tariffs on Canada and Mexico. Prime Minister Justin Trudeau emphasized that Canada would not let this decision go unanswered, implementing a first round of 25% tariffs on around C$30 billion worth of goods, with a second round planned for C$125 billion after three weeks. This escalating trade conflict risks disrupting a crucial $900 billion annual trade relationship, potentially harming both economies.
Source: YAHOO