Wall Street Journal (August 26)
2026/ 08/ 29 by jd in Global News
“Canada plans to impose tariffs of up to 50% on roughly 700 American products in retaliation for new U.S. levies,” a move which is likely to further escalate “tensions between two of the world’s most closely integrated economies.” Canada’s tariffs will be enforced from “Sept. 8, affecting about $20 billion worth of goods, or roughly 7% of total U.S. imports.” Canada designed the tariffs “to protect domestic companies hit by a fresh set of hefty U.S. tariffs and to sting President Trump and his Republican Party as they head into a difficult midterm election.”
Tags: $20 billion, 50, Canada, Economies, Enforced, Escalate, Goods, Imports, Levies, Protect, Republican, Retaliation, Sept. 8, Sting, Tariffs, Tensions, Trump, U.S.
