Canada Hits Back with New Tariffs | Vancouver News

Canada just hit back with steep new tariffs on U.S. goods — from motorcycles to toilet paper — in a tit-for-tat trade move after the U.S. slapped 50% duties on Canadian products. Prime Minister Mark Carney confirmed the blow will cost Canadians, though he didn’t reveal exact figures. The tariffs target $28 billion worth of American imports, with some items facing up to 50% hikes — and economists estimate Canadian shoppers could pay $4 billion more, hitting lower-income households hardest. Unlike past tariffs focused on consumer items, these new duties target industrial parts and freight trailers, likely raising production costs for Canadian businesses and possibly pushing up prices or triggering job losses down the line. While some say the impact won’t be immediate, experts warn the long-term ripple effects could be significant. 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/297f402bee209bad