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WORLD
Canada to reveal response to U.S. tariffs as Trump escalates trade war
Trade talks collapsed between Canada and the United States on Friday and Prime Minister Mark Carney said Ottawa would be retaliating with “dollar-for-dollar” tariffs.
GlobeSignal-AIhigh certainty
- Why it matters
- Canadian tariffs on U.S. goods raise costs for American exporters and could trigger further escalation, directly affecting cross-border trade that underpins both economies.
- Most affected
- U.S. exporters to Canada — Face matching tariffs on goods shipped north.
Canadian importers of U.S. goods — Pay higher prices as tariffs pass through supply chains. - Likely next
- Whether the U.S. responds with additional tariffs or returns to negotiations.
Also reported by: BBC