Canada to Announce Retaliatory Tariffs After Trump's New Trade Threats

Canada is set to announce retaliatory tariffs in response to escalating trade pressure from the United States. President Trump threatened to impose 50% tariffs on Canadian vehicles, auto parts, and steel. Canadian Prime Minister Carney firmly rejected the US demands, stating that Canada is 'not a US subsidiary.' Carney accused Washington of seeking to destroy Canada's major industries, including autos, steel, and aluminum.
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