Canada launches new $20 billion tariff attack on U.S. computers and sports gear as trade war with Trump escalates
Canada announced $21 billion in new tariffs on Wednesday targeting imports of U.S. computers and sports gear. It is the latest escalation of the increasingly bitter and costly trade war engulfing Washington and Ottawa. The latest move comes hours after President Donald Trump's 25 percent tariffs on Canadian steel and aluminum went into effect. Canada is the largest foreign supplier of both metals to the U.S. Dominic LeBlanc, the Canadian Finance Minister, said on Wednesday that the list of products impacted by the new tariffs includes computers, sports equipment and cast iron products.
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