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U.S. Slaps 50% Tariffs on Canadian Goods | Richmond News
The U.S. just slapped a 50% tariff on over 550 Canadian goods—from honey and makeup to hockey sticks and Christmas decorations—using a Depression-era law, claiming Canada unfairly targets American businesses. Consumers will likely foot the bill through higher prices on everything from groceries to home building materials. Canada’s retaliating with dollar-for-dollar tariffs on U.S. steel, dairy, appliances, and electronics, set to hit next month. Escalation looms: threats of even steeper tariffs on Canadian cars and auto parts next year, plus possible leverage via oil and critical minerals…
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