U.S. Tariffs Deepen Trade Rift With Canada
The new duties affect products including wine, furniture, clothing, hockey equipment, cement and other Canadian exports. The measures cover about 5% of Canada’s annual exports to the United States. Canadian Prime Minister Mark Carney said Ottawa would respond with dollar for dollar retaliatory tariffs beginning September 8, targeting U.S. products
across sectors including steel, dairy, electronics and agricultural equipment. The breakdown in talks has raised concerns about higher prices, pressure on businesses and further damage to economic ties between the two countries.
