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U.S. and Canada Trade War Escalates | Spokane News
U.S. and Canada are locked in a trade standoff after failing to reach an agreement, with new 50% tariffs on Canadian goods like beer and cheese set to hit Saturday—despite a last-minute pause by Trump to give talks a chance. The U.S. Trade Representative called it a missed opportunity for partnership, while Canada’s Prime Minister slammed U.S. last-minute changes as unfair and vowed to match the tariffs dollar-for-dollar to protect domestic workers and businesses. Economists say only 5% of U.S. imports from Canada are affected, but fears of retaliation loom large, potentially sparking a…
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