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Canada vs U.S. Trade War Escalates | Toronto News

Canada vs U.S. Trade War Escalates | Toronto News

Published 18 hours ago
Description

Canada and the U.S. are locked in a high-stakes trade showdown after Washington slapped 50% tariffs on $28 billion in Canadian goods — prompting Ottawa to retaliate dollar-for-dollar and pull its negotiating team. Prime Minister Carney called the U.S. move “unfair,” while U.S. officials blame Canada for walking away from a historic deal. Businesses across North America are bracing for impact, with tariffs hitting everything from food to hockey gear — especially hurting small businesses on tight margins. Both sides are doubling down: Canada vows to support affected workers and industries, while the U.S. insists it offered a generous deal that Canada rejected. The stage is set for a tense, tit-for-tat trade battle that could reshape North American commerce.

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