Canada Fires Back with Tariffs | Calgary News

Canada fires back with $28 billion in new tariffs on U.S. goods, led by PM Mark Carney, who frames it as a necessary defense for Canadian workers and businesses — while warning both sides will pay the price. The move responds to Washington’s 50% tariff on Canadian exports after failed trade talks in August, with no real dialogue since. Trump has escalated rhetoric, targeting Bombardier and criticizing the Canadian dollar, while Carney insists Canada acted only after good-faith efforts fell through. With no signs of compromise, this escalating trade war threatens widespread economic fallout across industries on both sides of the border. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a275b46ec5265589