Negotiations between the United States and Canada failed over the weekend, leading to the Trump administration imposing a 50 percent tariff on Canadian goods. In response, Canadian Prime Minister Mark Carney announced during a press conference on Saturday that Canada would implement a matching tariff on U.S. goods.
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U.S. Imposes Tariff on Canada; Canada Responds with Retaliatory Tariff
The United States has imposed a 50 percent tariff on Canadian goods following unsuccessful negotiations. In retaliation, Canadian Prime Minister Mark Carney announced that Canada would match the U.S. tariff.
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Sunday shows preview: Canada faces off in trade ‘war’ with U.S. amid national debt woes; Republicans gear up for upcoming primaries
U.S. Imposes Tariff on Canada; Canada Responds with Retaliatory Tariff