Canada’s prime minister has announced plans to accelerate efforts to reduce the country’s heavy economic dependence on the U.S. as retaliatory tariffs targeting billions in American goods take full effect, escalating a trade dispute that has left negotiations stalled for months. The move comes in response to duties imposed by the U.S. president on Canadian imports, marking a sharp deterioration in bilateral relations. With both nations now locked in a tit-for-tat trade war, the shift signals a potential realignment of Canada’s economic strategy amid deepening tensions. The development raises questions about how businesses and industries on both sides will adapt to the prolonged uncertainty.
Canadian Prime Minister Mark Carney says Canada will move quickly to reduce its economic reliance on the United States as retaliatory tariffs took effect on roughly $20 billion worth of American goods. The tariffs match duties President Trump imposed on Canadian imports and follows months of strained relations and unsuccessful trade negotiations between the two countries. Amna Nawaz reports.
