Canada vs U.S. Trade War Escalates | Belfast News

Canada prepares to retaliate with targeted tariffs against the U.S. after President Trump demanded Ottawa “fall in line” or face harsher penalties, including 50% tariffs on autos and steel. Prime Minister Mark Carney rejects the U.S. ultimatum, calling it an attempt to dismantle Canada’s core industries and asserting Canada won’t be treated as a U.S. subsidiary. Finance Minister and cabinet members are set to unveil Canada’s response, which may shift from dollar-for-dollar retaliation to strategic strikes protecting workers and businesses. Trump doubled down on social media, accusing Canada of stealing from American farmers and threatening new auto tariffs, while Ontario Premier Doug Ford rallied Canadians to stand firm — even as Trump personally attacked Ford. The escalating trade war threatens costly disruptions to deeply integrated supply chains, with both sides digging in.

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