US-Canada Trade War Escalates as Canada’s Tariffs Take Effect

Canada’s tariffs on hundreds of U.S. goods, ranging from 15% to 50%, are set to take effect on Tuesday. According to Sina Finance, Canadian Prime Minister Mark Carney said his pushback against U.S. President Donald Trump’s hard-line approach would ultimately give Ottawa more leverage in talks with its largest trading partner. Unless there is a last-minute reversal, Carney’s government will raise import taxes on many U.S. steel products from 25% to 50% and impose tariffs on a range of consumer goods, including motorcycles, cosmetics, and cheese. The measures are expected to hit states such as Michigan and Ohio particularly hard, both of which are battlegrounds in the November midterm elections. Trump also issued a new threat on social media Monday, suggesting a ban on sales in the United States of aircraft made by Bombardier. He said on Sunday that the Canadian dollar’s imbalance against the United States was unacceptable, posting on Truth Social: “It has gone on for many years — but not anymore!”