Prime Minister Justin Trudeau announced last night Canada will retaliate after U.S. President Donald Trump confirmed 25 per cent tariffs against Canadian goods would go into effect Tuesday. Trudeau ...
The import taxes could result in higher prices for a wide range of products. The targeted countries have said they will respond with retaliatory tariffs on U.S. exports.
Canadian officials and business groups have been preparing for the prospect of steep tariffs that economists say could trigger a recession, while pushing on a diplomatic solution.