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WASHINGTON, United States (AFP) —The Trump administration on Sunday warned that Canada would be “foolish” to think it could win a trade war with the United States (US), predicting a “devastating” impact on its northern neighbour.
Negotiations between Washington and Ottawa broke down late Friday, putting into force new 50-per cent US tariffs impacting about $20 billion worth of Canadian goods, or 5.5 per cent of Canadian exports to the United States.
Canada, in retaliation, said it would match US tariffs, with new levies notably targeting the US steel and dairy industries to take effect on September 8.
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