Canada to impose retaliatory tariffs from September 8 says PM Mark Carney
- Canadian PM Mark Carney said on Saturday Ottawa cannot accept US trade terms and will impose retaliatory tariffs from September 8.
- Carney accused Trump of launching a trade war after Washington imposed 50% tariffs on $20 billion of Canadian goods.
- The US tariffs cover about 5% of Canada's annual exports, including hockey sticks and medical supplies.
- US Trade Representative Greer said Canada backed away from commitments reached earlier in the week.
Source: moneycontrol.com
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