U.S. and Canada Trade War Escalates | Harrisburg News

Trump’s new 50% tariffs on Canadian cars, trucks, and steel, set for January 2027, are sparking a fierce trade showdown. Citing a $60 billion trade deficit and high Canadian farm tariffs, the U.S. move follows recent retaliatory tariffs that already hit 5% of Canadian exports. Canada’s Prime Minister Mark Carney vows dollar-for-dollar retaliation starting September 8, targeting U.S. steel, dairy, appliances, and more. The U.S. frames this as a push for market access for American wine, spirits, and dairy, contrasting Canada’s stance with Mexico’s cooperation. With both sides ready to escalate, this trade war is far from over. 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/58c1ea5c1a5171fc