economy

The Latest: Canada strikes back at US with retaliatory tariffs as trade war escalates

Canada is striking back at the United States with retaliatory tariffs on about $20 billion worth of American goods , including steel, dairy products, appliances and farm equipment, as the trade war between the once-friendly neighbors escalates.

The Latest: Canada strikes back at US with retaliatory tariffs as trade war escalates

TL;DR

  • Canada is imposing retaliatory tariffs on U.S. goods.
  • The value of targeted American goods is approximately $20 billion.
  • Affected products include steel, dairy, appliances, and farm equipment.
  • This action escalates the trade war between Canada and the United States.