The Guardian reports:
Canada has announced that it will retaliate dollar for dollar – to the tune of C$3.6bn – after the US announced a 10% tariff on Canadian aluminum.
Donald Trump announced the new aluminum tariffs on Thursday at a campaign stop at a Whirlpool appliance plant in Ohio, accusing Canada of taking advantage of its trade relationship with the US. “The aluminum business was being decimated by Canada, very unfair to our jobs and our great aluminum workers,” he said.
At a news conference on Friday, Canada’s deputy prime minister, Chrystia Freeland, called the move “unwarranted and unacceptable” and said Canada would not escalate a trade war – but that it would not back down either.