
“Trade Wars Heat Up: Trump Tariffs Spark Canada’s Retaliation And China’s 75% Counterpunch – Who Will Blink First?” – By Dr. Chukwuemeka Ifegwu Eke
"Trade Wars Heat Up: Trump Tariffs Spark Canada’s Retaliation and China’s 75% Counterpunch – Who Will Blink First?" Canada’s swift retaliation to the new Trump tariffs, set to take effect this Tuesday, underscores the high stakes of this trade dispute. Historically, Canada has not hesitated to respond to U.S. protectionist measures with counter-tariffs of its own, as seen in 2018 when it imposed tariffs on $16.6 billion worth of U.S. goods in response to steel and aluminum tariffs. This time, Canada’s retaliatory measures are likely to target key U.S. exports, such as agricultural products, machinery, and consumer goods, which could…