Canada announced retaliatory tariffs as high as 50 percent on hundreds of American products as the trade war between the two countries escalates.
“Canada must respond, and today we are,” said Minister of National Revenue of Canada François-Philippe Champagne.
“Canada will match the United States tariffs, dollar for dollar, rate for rate,” he added.
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More from The New York Times:
“Canada has been ‘Ripping Off’ the U.S.A. for decades. They have been charging our Farmers 400% Tariffs, and more. They have driven many wonderful U.S. companies out of business. For 10 years they wouldn’t certify Gulfstream Jets, until I got involved,” President Trump said on Tuesday.
“They wanted 100% of the market for Gulfstream’s Canadian competitor. I deal with many countries, and Canada is easily the most difficult and unreasonable. They feel entitled, but they are not a State, and will be entitled no longer!” he added.
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The Guardian explained further:
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