Canada Prepares to Retaliate on Trump's 50% Tariffs
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Politics - NBC News
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NBC News - Top Stories
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Canada announces new tariffs on the U.S.
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The Canadian government retaliated against President Donald Trump's latest wave of tariffs by raising tariffs on steel products and imposing a swath of new duties on $20 billion in U.S.
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Canada Prepares to Retaliate on Trump's 50% Tariffs.
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After President Donald Trump imposed 50% tariffs on some Canadian goods, Canada is saying it has leverage.
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"We have what the world wants," Prime Minister Mark Carney said.
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Meanwhile, Trump's pressure campaign on Iran is underway with what he calls "economic D-Day," slapping fresh sanctions on 60 foreign entities and threatening to cut off countries unless they stop doing business with Iran.
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NBC's Gabe Gutierrez reports for TODAY.
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