What to know about Canada's escalating trade war with the U.S. as Carney retaliates with tariffs
Canada struck back at U.S. President Trump on Tuesday with tariffs on about $20 billion worth of U.S. goods, in response to the latest round of tariffs on Canada.
TL;DR
- Canada imposed tariffs on about $20 billion worth of U.S. goods.
- This action is a response to U.S. tariffs on Canada.
- The trade war between Canada and the U.S. is escalating.