Canada Imposes Counter-Tariffs on $20B of US Goods, Targeting Steel, Aluminum, Dairy

Canada's retaliatory tariffs on US imports, valued at approximately $20 billion, took effect, adding up to 50% duties on steel, aluminum, and dairy products. This escalates the trade dispute between the two allies, signaling a hardening of positions. The move follows earlier US tariffs and may prompt further retaliation, affecting bilateral trade flows and potentially impacting North American supply chains.