The trade dispute between the United States and Canada has escalated, triggered by President Donald Trump's imposition of a 25 percent tariff on Canadian goods, justified on grounds of national security and economic concerns. In retaliation, Prime Minister Justin Trudeau has announced a matching tariff on $155 billion worth of U.S. goods, foreseeing challenging times ahead for both nations.
Experts caution that the tariffs may not severely impact the Canadian economy and hint at America underestimating Canada's resilience and resources. Trudeau underscored the significance of the U.S.-Canada relationship, drawing on a quote from John F. Kennedy, and expressed optimism that mutual necessity and economic interests would supersede conflict.