The Actual News

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Trump escalates trade tensions with Canada

Trump escalates trade tensions with Canada

Summary

The United States and Canada did not come to an agreement on trade. As a result, both countries have started putting extra taxes called tariffs on each other’s goods.

Key Facts

  • The U.S. and Canada tried negotiating a trade agreement but did not succeed.
  • Both countries have imposed tariffs, which are taxes on imported goods.
  • The tariffs are meant to pressure the other side during the disagreement.
  • This situation is increasing trade tensions between the U.S. and Canada.
  • The issue was reported by CBS News and analyzed by a University of Toronto expert.
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