Canada Retaliates with $20B Tariff Response

Canada has announced $20 billion in retaliatory tariffs targeting US goods, with rates reaching as high as 50%, in direct response to American trade actions. Canadian officials have stated the country will not capitulate to pressure from the Trump administration, framing the response as a "dollar-for-dollar" retaliation to defend domestic economic interests. The move escalates bilateral trade tensions and signals Ottawa's willingness to sustain a prolonged trade dispute rather than negotiate concessions.