Canada vows ‘dollar for dollar’ response as US puts 50% tariffs on some goods
Collapse of trade talks could lead to job losses, but biggest impact on traditional allies is expected to be political The US has imposed 50% tariffs on some goods from Canada, and Mark Carney, the country’s prime minister, has vowed to match them “dollar for dollar” after the collapse of trade talks. The tariffs came into force on roughly $20bn (£14.6bn) of goods – ranging from hockey sticks to tongue depressors –…
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Canada vows ‘dollar for dollar’ response as US puts 50% tariffs on some goods
Collapse of trade talks could lead to job losses, but biggest impact on traditional allies is expected to be political The US has imposed 50% tariffs on some goods from Canada, and Mark Carney, the country’s prime minister, has vowed to match them “dollar for dollar” after the collapse of trade talks. The tariffs came into force on roughly $20bn (£14.6bn) of goods – ranging from hockey sticks to tongue depressors –…