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Canada Fires Back with Tariffs | Los Angeles News
Description
Canada just unleashed a dollar-for-dollar tariff counterpunch on U.S. goods, hitting back with steep 15% to 50% duties on steel, dairy, appliances, farm equipment, paper, and electronics—effective September 8. This direct retaliation follows President Trump’s tariffs on Canadian products and his threats after stalled trade talks, with Ottawa calling out Washington for demanding too much and offering too little. Trump fired back on social media, escalating rhetoric as both sides accuse each other of economic aggression, with some even comparing the situation to “trade war.” The standoff shows no signs of backing down—and global markets are watching closely for the next move.
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