Trump, Canada
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The Canadian prime minister has said his government will match U.S. tariffs "dollar for dollar."
JD Vance made an admitted Freudian slip on Monday that probably won’t ease the minds of Canadian citizens. The vice president made the gaffe during a rally in Maine, where he was discussing the escalating trade war with Canada and argued that the current policy hurts the Pine Tree State.
U.S. Trade Representative Jamieson Greer entered a meeting with Canadian officials Friday afternoon with a frown.
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President Trump said he's doubling tariffs on automobiles and auto parts from Canada to 50%, further escalating a trade war with the neighbor.
The United States is set to impose 50% tariffs on $20 billion worth of Canadian products early Saturday after last-ditch negotiations failed to resolve the latest strain in already tense relations between the historic allies.
Mark Carney suspended talks and will take out retaliatory tariffs against the United States after days of negotiations to stave off new levies by the Trump administration ended in an impasse.
Ontario Premier Doug Ford said "everything's on the table" in the US-Canada trade war, including electricity, critical minerals, and fuel.