Canada Vows ‘Dollar for Dollar’ Response as US Puts 50% Tariffs on Some Goods

Collapse of trade talks could lead to job losses, but biggest impact on traditional allies is expected to be political.

Image: The two sides blamed each other for the collapse. Composite: Dylan Martinez/Reuters

The Guardian reports: “The US has imposed 50% tariffs on some goods from Canada, and Mark Carney, the country’s prime minister, has vowed to match them “dollar for dollar” after the collapse of trade talks.

The tariffs came into force on roughly $20bn (£14.6bn) of goods – ranging from hockey sticks to tongue depressors – at 04.00GMT. Trade experts said the tariffs could result in some job losses, but the largest impact is expected to be political, driving a further wedge between the traditional allies.

The trade row is the biggest rupture in recent relations between Washington and one of its closest allies and trading partners as Donald Trump’s bellicose foreign policy angered officials in Ottawa…”

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