Canada's $20B retaliatory tariffs take effect, escalating trade dispute
Retaliatory duties on roughly $20 billion of U.S. products took effect Tuesday amid concerns that the U.S. tariffs behind them do not fully replace lost revenue.
Canada's retaliatory tariffs on about $20 billion in American goods took effect Tuesday, escalating a trade war between the two countries. The measures respond to earlier U.S. tariffs that were intended to replace lost revenue but fall short of the revenue they were meant to replace.