Canada Imposes 50% Retaliatory Tariffs on US Goods; Carney Declares 'Dollar for Dollar' Policy

Canada has escalated its trade dispute with the US by imposing 50% retaliatory tariffs on American goods, responding to US tariffs. Prime Minister Mark Carney announced a 'dollar for dollar' policy, accusing Washington of waging a trade war and demanding excessive concessions in negotiations. This marks a significant escalation in bilateral trade tensions, with potential implications for North American supply chains and market sentiment.