Canada's counter-tariffs take effect as trade war with US heats up

🇨🇦 AFP (CA) —
Canada's counter-tariffs take effect as trade war with US heats up

AI Summary

Canada implemented counter-tariffs on billions of US goods amid escalating trade tensions, as the US threatened restrictions on Canada's Bombardier if manufacturing does not move to the US. This marks intensified protectionist measures between the two North American neighbors.

Canada's retaliatory tariffs on billions of dollars in US products took effect Tuesday, as a trade war between the North American neighbors heats up. On Monday, Trump had threatened to block sales of Canada's Bombardier Aviation in the United States, unless the Quebec-based plane maker moves manufacturing to the US.

Politics Markets Deals Commodities Canada US counter-tariffs trade war Bombardier manufacturing trade sanctions

Read original source →