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U.S.-Canada Trade War Escalates | Toronto News
Description
Trade talks between the U.S. and Canada collapsed just after midnight, triggering new tariffs on billions of dollars in Canadian goods as a last-minute deal unraveled. Canada retaliated dollar-for-dollar, calling U.S. demands unfair and unreliable, while U.S. officials blamed Canada for backing out. Small businesses, like a wallpaper maker reliant on U.S. sales, face survival threats as tariffs bite. Canada continues its own retaliatory measures, turning a border dispute into a high-stakes economic standoff with ripple effects across both nations.
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