Washington Warns of Trade War Damage for Canada
The administration of U.S. President Donald Trump expects the trade war with Canada to be "destructive" for its northern neighbor, following failed negotiations between the two countries. The United States imposed tariffs of 50% on products worth approximately $20 billion, which accounts for about 5.5% of Canadian exports to the U.S. Canada responded by announcing reciprocal tariffs starting in September, targeting steel and dairy sectors. Trump insisted that Canada would be more harmed than the United States and dismissed the idea that Canada could win a trade war with America, warning of potential damage to the Canadian economy.
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