Trump threatens further tariff hikes after Canada retaliates | Trade War News– www.aljazeera.com
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Excerpt:
US president posts warning on social media after Canada PM Trudeau slammed ‘dumb’ trade war.
US President Donald Trump has warned Canada that he will escalate his trade war after Prime Minister Justin Trudeau announced retaliatory tariffs on US goods.
Trump’s 25-percent tariffs on imports from Mexico and Canada took effect on Tuesday, prompting Trudeau to announce retaliatory tariffs on more than $100bn of American goods that will take effect over 21 days.
The US president responded on Truth Social, the social media platform he owns, saying: “Please explain to Governor Trudeau, of Canada, that when he puts on a Retaliatory Tariff on the US, our Reciprocal Tariff will immediately increase by a like amount!”
