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US and Canada Trade War Escalates | Vancouver News

US and Canada Trade War Escalates | Vancouver News

Published 20 hours ago
Description

The U.S. and Canada are locked in a fiery trade showdown, with the U.S. slapping tariffs on $20 billion in Canadian goods after talks collapsed — and Canada hitting back with its own retaliatory tariffs on U.S. steel and dairy set for September 8. Washington accuses Canada of being foolish and predicts it’ll feel the economic pain harder, while Ottawa frames the move as forced retaliation. President Trump even weighed in, calling out Canada’s perceived desire to enjoy U.S. perks without full membership — all while highlighting past U.S. tariffs on American farmers. This escalating standoff between close allies underscores just how volatile international trade can become.

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