Economy experts on US-Canada trade war: 'This is getting worse'

Canadian Prime Minister Mark Carney vowed “dollar-for-dollar” tariffs in response to the United States’ 50% tariffs on $20 billion in Canadian goods after the two sides failed to reach a trade deal. Carney’s tit-for-tat measures, set to take effect on September 8, will include tariffs on steel, dairy, appliances, agricultural equipment, pulp, paper and electronics.

Economic experts spoke to CNN about the potential effects of these tariffs on both sides of the border.

0:00 What does Trump want from this trade war?
3:00 All the items Canada plans to tariff
5:19 How badly will these tariffs hurt American and Canadian consumers?
8:50 US and Canada involved in “economic warfare”

Watch 24/7 live news with CNN Headlines: https://bit.ly/4eIvlTr

#News #tariffs