Canada Announces $20 Billion Retaliatory Tariffs Against US
The Canadian government has released a 99-page tariff list, imposing punitive tariffs of up to 50% on approximately $20 billion worth of US imports. This move serves as a direct retaliation against US trade policies. Tensions have further escalated as US President Donald Trump continues to exert pressure, including provocative remarks regarding the potential renaming of Lake Ontario to 'Lake America'.