On Monday, U.S. President Donald Trump threatened to impose a 50 percent tariff on Canadian automobiles, auto parts and steel starting next year, as the trade conflict with Ottawa deepens, UNN reports, citing AP.
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Trade talks between these otherwise allied and reliable trading partners broke down last week. Following the collapse of the talks, the long-planned U.S. tariffs on various Canadian goods took effect, and Canada pledged to take retaliatory measures.
The US-Canada trade war is escalating: Ottawa introduces reciprocal tariffs23.08.26, 16:25
"Canada has been ripping off the United States of America for years," Trump wrote on social media Monday morning. Criticizing Canada's "outrageously high tariffs" on American farmers, Trump wrote: "This is unsustainable, and it will not continue!"