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President Donald Trump’s 25 percent tariff on all foreign steel and aluminum imports went into effect just after midnight this morning. Within hours, Ottawa announced dollar-for-dollar retaliation to the tune of nearly 30 billion Canadian dollars.
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A full-blown trade war has erupted between the U.S and Canada. As threatened, President Donald Trump slapped crippling tariffs on Canadian and Mexican imports into the U.S just after midnight on March the fourth, and Ottawa immediately began retaliation, with 25 percent tariffs on many American products.
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The local economy gets a significant boost from our neighbors to the north, but a recent survey shows a majority of Canadians are planning to cut back on…