After the U.S. imposed 50% tariffs on $20 billion worth of Canadian products early Saturday, Canada said it would retaliate beginning Sept. 8th, according to a Newsmax report.
Prime Minister Mark Carney said Saturday in Ottawa that "in the coming days, we will release the details of these new tariff measures, which will come into force the Tuesday after Labor Day." The dollar-for-dollar retaliation would target steel, dairy, appliances, agricultural equipment, pulp and paper and electronics.
He disclosed that Canada had been willing to drop remaining retaliatory tariffs on steel, aluminum and autos if the United States substantially lowered its own, and to encourage provinces to restore U.S. alcohol sales.
