
Canada adds more retaliatory tariffs as Trump’s trade war hits the world
WASHINGTON — Canada amped up its retaliatory measures against Donald Trump’s tariffs today as the United States president brought his trade war to the world.
A 10 per cent baseline tariff on imports to the U.S. from most countries, and higher duties on dozens of nations, came into force just after midnight following days of turmoil in global markets.
While Canada isn’t being targeted by Trump’s global tariffs, the country is being hit by U.S. automobile, steel and aluminum tariffs and still faces the ongoing threat of economywide fentanyl-related tariffs.
Ottawa added to its retaliatory measures today in response to the automobile duties by implementing similar tariffs on vehicles imported from the United States.