The Trump tariff trade war and you
The U.S and Canada are in a trade war. What could the tariffs from both sides mean for you?
On Saturday, Prime Minister Justin Trudeau announced that the federal government would hit back against the U.S. after President Donald Trump launched a trade war against Canada.
Starting Tuesday, the U.S. is imposing 25 per cent tariffs on most Canadian goods and 10 per cent on energy products in particular. In response, Trudeau said that the federal government would levy retaliatory 25 per cent tariffs on $155 billion worth of U.S. goods.
CBC senior business reporter Peter Armstrong on the consequences of a Canada-U.S. trade war, and what these tariffs might mean for the average Canadian.
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