Canada imposes tariffs of up to 50% on $20bn of US goods
Canada has introduced tariffs of 15% to 50% on nearly $20 billion worth of US products and unveiled a C$7.5 billion support package.
Key Takeaways
AICanada has imposed tariffs ranging from 15% to 50% on nearly $20 billion worth of US goods.
Canada also announced a support package worth 7.5 billion Canadian dollars to assist businesses and workers affected by US tariffs.
The Canadian measures include tariffs on US agricultural equipment, furniture, and paper products.
The move comes amid an ongoing trade dispute with the United States, whose President Donald Trump has threatened to increase tariffs on Canadian goods.