Canadian Prime Minister Justin Trudeau has stated that Canada will not back down in a trade war with the United States, which formally began on Tuesday. Trudeau’s government has pledged to impose retaliatory tariffs on US goods.
The trade dispute is expected to have a significant impact on both countries, with widespread investor concern and potential damage to the Canadian economy. Trudeau has called on the US to work together to ensure prosperity for North Americans, rather than engaging in a trade war.