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A new round of tariffs on American goods has just taken effect in Canada, the latest move
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in a trade fight that keeps getting more hostile. Canada is now hitting about $20 billion worth of U.S. products with tariffs as high as 50%
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They kicked in just after midnight and cover hundreds of products, everything from aluminum
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foil and cheese to clothing and steel. Canadian Prime Minister Mark Carney says the tariffs are designed to match the latest U.S. levies dollar for dollar
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We made the right decision to suspend our trade negotiations with the United States
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We couldn't accept what they'd offered. We wouldn't give what they'd asked
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As a result, the U.S. has imposed new tariffs designed to hurt and divide us
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Now, that's a miscalculation because Canadians will always take care of each other
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President Trump has already threatened to go further. He says tariffs on Canadian-made cars and auto parts could double to 50 percent in January
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And now he's taking aim at one of Canada's biggest aerospace companies
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On Monday, Trump threatened to block Bombardier from selling its planes in the United States unless the company builds them in the United States
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On Truth Social, he wrote, While Canada has shown no sign of backing down, the U.S. is Canada's largest trading partner
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and Canada is the second biggest market for American exports. For now, most trade between the two countries is still moving without these new tariffs
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but Trump has repeatedly warned he could continue responding if Canada follows through
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This morning, Canada has