Canada Imposes $21 Billion in Retaliatory Tariffs Against U.S. Goods

In a significant trade escalation, Canada is set to unveil a new package of retaliatory tariffs amounting to $21 billion on a wide array of U.S. goods. This development comes in response to what Canadian officials deem unfair trade practices, particularly related to softwood lumber and other critical sectors affected by U.S. policies.

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Canada Must Navigate Trade Relations Wisely, Warns David Rosenberg

In an insightful statement delivered to the public, renowned economist David Rosenberg cautioned Canada against engaging in a trade war that it is unlikely to win. Speaking at an economic conference, Rosenberg emphasized the importance of maintaining strong trade relations, especially given the current economic climate influenced by global supply chain disruptions and intensifying geopolitical tensions.

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