Trade Tensions Ignite as Canada and China Hit Back at US Tariffs
Canada and China have announced retaliatory tariffs in response to new US tariffs that went into effect today, igniting trade tensions between the world’s largest economies. After a 30-day pause, the US administration imposed a broad 25% tariff on Canada and Mexico on March 4, Expana's Ryan Doyle reported.
One minute past midnight, the US administration imposed 25% tariffs on Canadian exports and 10% tariffs on Canadian energy. Prime Minister Justin Trudeau said the decision had “no justification” and emphasized Canada’s efforts to combat...
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