U.S. Slaps 50% Tariffs on Canada | Colorado Springs News

The U.S. just hit Canada with a 50% tariff on $20 billion in imports — from hockey sticks to wine to makeup — using a Depression-era law that requires no investigation and has no expiration. Canada vows dollar-for-dollar retaliation starting September 8, targeting steel, dairy, and electronics, calling the move an “attack.” With no new talks on the horizon, businesses face higher costs that will likely trickle down to consumers, adding fuel to inflation fears ahead of midterms — and raising big questions about whether this trade war will cool or escalate further. 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/1064d568395d669c