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U.S. and Canada Trade War Escalates | Spokane News
The U.S. and Canada are locked in a new trade war as the U.S. slaps 50% tariffs on Canadian goods, citing years of unfair trade practices — especially against American farmers. With negotiations dead, the U.S. threatens even higher tariffs on cars, trucks, auto parts, and steel, delayed until January 2027 to give both sides time to talk. Canada’s PM calls it an “attack” and vows retaliation, while U.S. homebuilders feel the pain from rising lumber costs. Economists warn this could worsen inflation, especially with surging energy prices, as companies face tough choices: raise prices or cut…
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