Canada Imposes 50% Tariffs On Hundreds Of U.S. Products—Doubling Steel And Aluminum Tax

Canada has announced retaliatory tariffs of up to 50% on hundreds of U.S. products. This move follows the collapse of trade talks and mirrors the punishing tariffs recently imposed by the Trump administration. The new measures specifically include doubling the tax on steel and aluminum. These actions were announced on Tuesday as a direct response to the trade restrictions implemented by the United States on Saturday, marking a significant escalation in the ongoing trade dispute between the two nations.