Toronto (Canada), Aug. 25 (LaPresse) – Canada will announce retaliatory tariffs against the United States today. An official familiar with the plans told the Associated Press, escalating a trade dispute that has significantly worsened since negotiations with President Donald Trump’s administration broke down. Canadian Prime Minister Mark Carney said yesterday that Canada may have to abandon the strategy of matching U.S. tariffs dollar for dollar and instead resort to more targeted retaliation, saying officials are considering options aimed at protecting Canadian workers and businesses.
US-Canada: Ottawa to announce retaliatory tariffs today
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Toronto (Canada), Aug. 25 (LaPresse) – Canada will announce retaliatory tariffs against the United States today. An official familiar with the plans told the Associated Press, escalating a trade dispute that has significantly worsened since negotiations with President Donald Trump’s administration broke down. Canadian Prime Minister Mark Carney said yesterday that Canada may have to abandon the strategy of matching U.S. tariffs dollar for dollar and instead resort to more targeted retaliation, saying officials are considering options aimed at protecting Canadian workers and businesses.
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