US-Canada trade dispute escalates after Carney announces retaliatory tariffs

Canada and the US were closing in on a trade deal earlier this week until the negotiations fell apart. Both sides blame each other for last-minute changes to the terms. Canada’s Prime Minister Mark Carney has announced retaliatory tariffs on the United States after Washington imposed a 50 percent levy on 20-billion-dol

Prime Minister Mark Carney announced “dollar for dollar” retaliatory tariffs on imports from the U.S. Saturday morning. New 50-per-cent tariffs were imposed by the U.S. after Canada withdrew from trade negotiations late Friday night.

Carney says Canada will impose retaliatory tariffs on various US sectors  Reuters