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Canada-U.S. Trade War Looms | Vancouver News

Canada-U.S. Trade War Looms | Vancouver News

Published 2 weeks, 5 days ago
Description

Canada braces for a major trade showdown with the U.S., as Washington prepares to impose steep 50% tariffs on Canadian goods—including cement, clothing, and booze—starting August 19th, threatening $29 billion in exports. The U.S. cites Canada’s dairy regulations, alcohol bans, and auto tariffs as flashpoints, while Prime Minister Carney confirms he’s personally steering negotiations in Washington to shield key sectors like steel, aluminum, and autos—though he firmly shuts down rumors autos aren’t involved. With the U.S. invoking a 1930s Tariff Act, Canada is weighing retaliatory moves, possibly targeting potash, energy, and critical minerals, even as top negotiators scramble to avoid a full-blown trade war before the deadline.

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