The Tariff Tango: A Cautionary Tale of Retaliation Canada has imposed retaliatory tariffs on $20bn worth of US goods, mirroring the exact dollar for dollar matching imposed by Washington earlier this summer.
These tariffs took effect at 12:01am ET on Tuesday. At first glance, this tit for tat tariff game may seem like a simplistic exercise in one upmanship between two nations.
However, scratch beneath the surface and you'll find a complex web of interests, motivations, and economic realities that threaten to ensnare far more than just the parties directly involved.