Canada strikes back at US with retaliatory tariffs of up to 50%

Canada has implemented retaliatory tariffs of up to 50% on approximately $20 billion of American goods, specifically targeting steel, aluminum, dairy products, appliances, and farm equipment. This escalation in the trade war threatens one of the world's largest trading relationships and strains ties between the close allies. Such measures could disrupt supply chains, impact cross-border industries, and increase costs for American businesses and consumers shortly before the upcoming midterm elections, further destabilizing US-Canada trade relations.