Canada has imposed retaliatory tariffs on U.S. goods in response to American duties on steel and aluminum imports, marking a sharp escalation in the ongoing trade dispute between the two nations. The move comes as tensions rise, with the U.S. president warning of further action if Canada does not reverse its decision. Trade experts caution that the tariffs could disrupt supply chains and increase costs for businesses and consumers on both sides of the border. The latest development underscores the fragility of the North American trade relationship amid broader global economic uncertainties.
Canada’s Retaliatory Tariffs Set to Take Effect as Trump Threatens to Escalate nytimes.com
