Crypto World
Canada to Match Trump’s 50% Tariffs, Dollar for Dollar
“New demands and walk backs of other commitments by Canada have upended the careful balance reached in the past days,” Greer said. “This is a missed opportunity for Canada to partner with the United States.”
Carney vowed that the tariffs would not go unanswered. Speaking at a news conference Saturday, he announced dollar-for-dollar tariffs on U.S. goods.
“We cannot accept what they have offered, and we will not give what they have asked,” he said.
The retaliatory tariffs will touch U.S. sectors including steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics, and they will go into effect Sept. 8.
The growing rift between the U.S. and Canada
Polling conducted before the talks collapsed suggests that most Canadians supported taking a hard line in negotiations with the U.S.
An Angus Reid Institute poll from July found that 65% of Canadians say that their government should approach the U.S. either cautiously, as a potential threat, or as an enemy.
You must be logged in to post a comment Login