A Tariff Tussle for the Ages: Canada's Dollar for Dollar Response is a Familiar Story The latest salvo in the ongoing trade war between Canada and the United States has all the makings of a classic tale of tit for tat.
Canadian Prime Minister Mark Carney's vow to match US tariffs "dollar for dollar" signals resolve in the face of American aggression, but raises questions about the sustainability of this approach.
The failure of negotiations between the two countries has led to new 50 percent duties on $20 billion worth of Canadian exports to the US.