Canada responds to Trump's tariffs with retaliation
Canada has reached a decision to implement retaliatory tariffs similar to those imposed by U.S. President Donald Trump on some of its imports, in response to Washington's 50% tariffs on Canadian goods, including steel and electronic devices, valued at around $20 billion. Canadian Prime Minister Mark Carney announced that Canada would impose protective measures on sectors such as dairy, timber, and home appliances in response to the American "economic attack," should the escalation continue. Carney also emphasized that Canada will seek to establish new trade and military alliances to reduce its reliance on the United States, while acknowledging the potential negative impacts on weaker sectors like wine and timber. He also indicated that Canada is prepared to take countermeasures depending on how the crisis develops.
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