Canada retaliatory tariffs loom as Ottawa moves to rename Trump Ave
On September 8, Canada is set to enact tariffs ranging from 15% to 50% on over 700 American goods in an effort to match US tariffs dollar for dollar, Canadian officials announced on Tuesday.Notably, Canada is doubling its duties on US steel and aluminum to 50%, in line with the 50% tariffs the US had already imposed on Canadian steel and aluminum before the latest round of US tariffs. Canadian officials framed the move as a means of protecting Canadian manufacturing.
0:00 The goods Canadian tariffs will affect
3:36 Ottawa Deputy Mayor Tierney talks about renaming Trump Ave.
5:03 How the US is driving Canada toward China
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