Ottawa, Canada | March 12, 2025 – In a major escalation of global trade tensions, Canada has announced $20 billion in retaliatory tariffs on US goods, targeting key American exports.
The move comes in response to recent US trade policies that Canada deems unfair. Canadian officials stated that the tariffs would impact various sectors, including agriculture, steel, and consumer goods, as the country seeks to protect its economy from US-imposed trade restrictions.
The US has yet to officially respond, but experts warn that this could further strain economic ties between the two allies. The global trade war continues to intensify, with both nations standing firm on their policies.
Stay tuned for further updates.