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EconomyCanada braces for prolonged trade war as counter-tariffs on US take effect

Canada’s retaliatory tariffs on nearly C$28bn worth of US goods, including steel, furniture and clothing, took effect on Tuesday, with rates reaching 50%. Talks remain stalled, while officials on both sides say they want a deal. The US has warned it could respond with further measures, as businesses prepare for a prolonged dispute.

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BBBC News★★★★☆2026-09-08 04:39Original

Canada braces for prolonged trade war as counter-tariffs on US take effect
Canada braces for prolonged trade war as counter-tariffs on US take effectEconomy