Canada’s throwing down the gauntlet with steep new tariffs—up to 50% on steel, fish, and cheese—directly retaliating against U.S. trade measures. Set to hit September 8th, these duties target over 700 products, fulfilling Canada’s pledge to match U.S. tariffs dollar for dollar. With President Trump calling Canada the toughest negotiating partner and accusing it of long-term exploitation, tensions are spiking across the border. Businesses brace for supply chain shifts and higher prices as this escalating trade war unfolds—with both sides digging in and global markets watching closely.
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