Canada to hit U.S. with retaliatory tariffs as trade war escalates
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TORONTO (AP) — Canada will announce retaliatory tariffs against the United States on Tuesday, an official familiar with the plans told The Associated Press, escalating a trade fight that has sharply worsened since negotiations with the Trump administration collapsed.
The official spoke Monday on condition of anonymity because they were not authorized to discuss the plans publicly.
Prime Minister Mark Carney had said Saturday that retaliation would target sectors including steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics, but he said Monday that Canada may instead use more targeted measures.
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Trump Threatens New 50% Tariffs on Cars, Trucks and Steel as U.S.-Canada Trade War Unfolds
President Trump vowed to increase tariffs on cars, trucks, auto parts and steel to 50 percent starting Jan. 1, as the countries edged toward a full-blown trade war.