Business

What to know about Canada’s escalating trade war with the US as Carney retaliates with tariffs

Canadian Prime Minister Mark Carney says U.S. demands could hollow out key Canadian industries and limit the country’s independence, while Trump’s threats to Canadian sovereignty have rallied the public behind him. (Produced by Luke Garratt) Canadian Prime Minister Mark Carney speaks with members of the…

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Canadian Prime Minister Mark Carney says U.S. demands could hollow out key Canadian industries and limit the country’s independence, while Trump’s threats to Canadian sovereignty have rallied the public behind him. (Produced by Luke Garratt)

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Canadian Prime Minister Mark Carney speaks with members of the media as he arrives at the Office of the Prime Minister and Privy Council in Ottawa, on Tuesday, Sept. 1, 2026. (Justin Tang/The Canadian Press via AP)

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Canada Prime Minister Mark Carney and President Donald Trump hold a press conference at the White House in Washington, D.C., Oct. 7, 2025. (Adrian Wyld/The Canadian Press via AP, File)

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Workers are seen in the manufacturing plant of Ideal Roofing in Ottawa on Tuesday, Aug. 25, 2026. (Justin Tang/The Canadian Press via AP)

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Canadian lumber products are shown at Gutherie Lumber Tuesday, Aug. 25, 2026, in Livonia, Mich. (AP Photo/Paul Sancya)

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President Donald Trump yells to reporters after disembarking Air Force One, Sunday, Aug. 16, 2026, at Joint Base Andrews, Md. (AP Photo/Julia Demaree Nikhinson)

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TORONTO (AP) — Canada struck back at U.S. President Donald Trump on Tuesday with tariffs on about $20 billion worth of U.S. goods, in response to the latest round of tariffs on Canada.

Original source: https://apnews.com/business

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