Canada announces tariff retaliation, sparking potential trade war – Global National Feb. 2, 2025.

Canada announces tariff retaliation, sparking potential trade war – Global National Feb. 2, 2025.

In response to the tariffs imposed by U.S. President Donald Trump on Canadian exports, there has been a strong backlash from Canadian industries, who are criticizing America’s decision to punish its closest ally and trading partner. Economists on both sides of the border are also warning that the tariffs will ultimately backfire. Canadians are already feeling the impact of these tariffs, and provinces, businesses, and consumers are pushing back against the repercussions.

The trade war is not just a concern for Canadians, as many Americans are also bracing for the effects of the tariffs. Jackson Proskow reports on the reaction in the U.S. and explores whether anything could potentially sway President Trump’s decision. Meanwhile, a Global News exclusive features “Canadian Dave,” a veteran who was detained by the Taliban after helping to free over a hundred Afghans during the fall of Kabul in 2021. He shares his story with Jeff Semple after being captured upon his return to Afghanistan to assist others in escaping.

It is evident that the announcement of these tariffs has sparked a potential trade war between Canada and the United States, with tensions running high on both sides of the border. The economic implications of such a conflict could be detrimental to both countries, and it remains to be seen how this situation will unfold in the coming days and weeks.

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Video “Global National: Feb. 2, 2025 | Canada announces tariff retaliation, fueling potential trade war” was uploaded on 02/03/2025 to Youtube Channel Global News