US imposes 50% tariffs on 550+ Canadian goods, Canada vows retaliation

The United States has introduced a sweeping 50% tariff covering more than 550 Canadian products, ranging from everyday consumer goods to specialty items like honey and hockey sticks. The move marks a significant escalation in trade tensions between the two neighboring countries. Canada has announced plans to respond with matching retaliatory tariffs of its own. The dispute shows no signs of cooling, with further threats of tariffs targeting the automotive sector. Economists warn the growing conflict could have serious economic consequences for both nations.