TradeHighConfirmedAccelerating
8.2
Canada imposes $20bn retaliatory tariffs on US goods, matching dollar-for-dollar
Al Jazeera·CA · US·about 20 hours ago
President Trump announced on Truth Social that he will instruct agencies to remove Canadian-origin products from a multi-year public procurement program, citing Ottawa's retaliatory tariffs. The program is valued at up to $50 billion annually. This escalates the bilateral trade dispute, potentially affecting Canadian exporters and U.S. government supply chains.
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President Trump has escalated the US-Canada trade dispute by calling for a US boycott of Bombardier jets and threatening to bar Canadian firms from US public contracts. These actions coincide with Canada's retaliatory tariffs on US goods, indicating a hardening of US trade posture. The immediate implementation and full scope of these threats remain uncertain.