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Source: المصري اليوم
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Source: المصري اليوم
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Trade tensions are escalating between the US and Canada after negotiations between the two countries broke down. Washington imposed new tariffs of 50% on Canadian imports worth $20 billion, along with similar taxes on cars and spare parts starting from early January. Canada responded by announcing counter-tariffs of $20 billion set to take effect in September, along with aid for those affected, due to Washington's refusal to extend exemptions for heavy vehicles. President Trump threatened that Washington is capable of sourcing its needs elsewhere, emphasizing that it's time to teach Canada a lesson in trade dealings.
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