Retaliatory tariffs on 29.8-billion dollars of U-S goods are now in effect after U-S President Donald Trump slapped 25-per-cent tariffs on steel and aluminum imports from Canada. Trump openly challenged U-S allies with the levies, vowing to take back wealth he says was “stolen” by other countries.
Canada’s Innovation Minister Francois-Philippe Champagne says there was no choice but to respond and says it’s hurtful for the competitiveness of North America.
The dollar-for-dollar tariffs went into effect early this morning. Meanwhile, federal Finance Minister Dominic LeBlanc and Ontario Premier Doug Ford are set to have a face-to-face meeting later today with one of America’s top economic officials at the White House, U-S Commerce Secretary Howard Lutnick.
