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U.S. and Canada Trade War Escalates | Miami News
Description
The U.S. just slapped a 50% tariff on $20 billion in Canadian goods after talks collapsed, triggering Canada’s planned dollar-for-dollar retaliation starting September 8. U.S. Trade Rep Jamieson Greer says the move protects American jobs and supply chains, while Canadian PM Justin Trudeau vows to hit back with tariffs on steel, dairy, appliances, and more — after U.S. demands were deemed too steep. Once seen as close to a deal, this sudden escalation threatens $900 billion in annual trade and could reshape North American economic relations.
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