20 Hrs
Source:
Los Angeles Times
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US to apply 50% tariffs on Canadian goods
The United States is set to impose 50% tariffs on approximately $20 billion worth of Canadian imports after last-minute trade negotiations failed, marking a significant escalation in cross-border trade tensions. The tariffs will target about 5% of Canada's exports to the U.S., including items like hockey sticks and tongue depressors, and come amid strained relations between the two countries. The dispute follows failed agreements and political tensions, with Canada's government expressing dissatisfaction with the U.S. proposal and preparing additional support for affected workers and businesses.
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