It's a New Day: 9-8-26 Tariff Wars

Americans and Canadians brace for higher prices as the trade war resulting from US tariffs on Canadian imports intensifies with Canada imposing retaliatory tariffs ranging from 15% to 50 % on American milk, perfume, video game consoles, golf clubs, fishing rods, steel, aluminum, jackets and T-shirts will face 50% tariffs. Cheese, carpets and certain household appliances like stoves and air conditioners will be subject to 25% tariffs, and forklifts and industrial molds will face 15% tariffs.