Trump launches trade war against Canada with a 25% tariff on most goods

www.cbc.ca

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Trump launches trade war against Canada with a 25% tariff on most goods

www.cbc.ca

@MicroWave to

World NewsEnglish • 23 hours ago

cross-posted to:
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Summary

Donald Trump launched a trade war against Canada by imposing a 25% tariff on nearly all Canadian goods, including a 10% levy on energy products.

His action, intended to pressure Canada to curb fentanyl flows, contradicts official trade figures and ignores that most deficits result from American demand for cheaper Canadian oil.

The tariffs, set to remain until Canada complies, could cost billions to Canada’s economy and disrupt $800 billion in annual trade.

Canada is expected to retaliate, forcing Prime Minister Trudeau to respond amid escalating cross-border tensions.

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