- Canada struck back at the United States on Tuesday with retaliatory tariffs on about $20 billion worth of American goods, including steel, dairy products, appliances and farm equipment, as the trade war between the once-friendly neighbors escalated sharply.
- Canada’s retaliation came after the Trump administration imposed 50% tariffs over the weekend on Canadian goods following the collapse of trade negotiations. Canadian Prime Minister Mark Carney accused Washington of trying to subordinate Canada and said U.S. demands during the failed talks showed that Americans wanted to “destroy our major industries.” President Donald Trump intensified the confrontation Monday, telling Canadian leaders to “fall in line.”
- The Supreme Court on Monday cleared the way for Trump to move ahead with his executive order restricting mail-in voting, though it remains unclear how much his administration can implement before the fast-approaching midterm elections. Mail balloting has long been a favorite target for Trump, who has claimed that it breeds fraud despite strong evidence to the contrary and his own use of the voting method.
- Treasury Secretary Scott Bessent announced a new round of sanctions aimed at Iran on Monday and warned every country that does business with the Islamic Republic to sever those financial ties or face retaliation from the U.S. The announcement follows Trump’s pledge last week to unleash an “economic D-Day” against Iran, in an effort to sever it from the rest of the global economy.
Live updates: Canada to impose retaliatory tariffs on $20B in US goods as trade war escalates
SourceAP News
