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The Nexus
WORLDAug 22 · 11:19 UTCWSVN MIAMIJayme Berezdivin

US imposes 50% tariffs on $20 billion worth of Canadian products, and Canada says it will retaliate

The United States imposed 50% tariffs on $20 billion worth of Canadian products, leading Canada to announce immediate retaliation by matching the tariffs dollar for dollar. This action escalates trade conflict after last-ditch negotiations failed concerning steel, aluminum, autos, and lumber. The breakdown calls into question a North American trade pact.

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