Canada strikes back at US with retaliatory tariffs
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We might be in for a sequel to one of the Trump administration’s most unpopular policies: tech tariffs. The president is reportedly eyeing a new round of import taxes on hardware that would include things like gaming consoles.
U.S. President Donald Trump's tariffs against Canada and Mexico led to retaliatory taxes by both countries on U.S. imports.
Trump’s “Lake America” order marks the latest escalation in US-Canada tensions, amid a wider dispute over tariffs, trade negotiations, sovereignty, border security and Washington’s demands from Ottawa.
Customers who bought the Playdate handheld video game console received unexpected emails Wednesday, a notice they’re receiving refunds for tariffs the federal government had charged — levies the Supreme Court later ruled illegal.
While autos and steel have taken centre stage in the Canada-U.S. trade war, experts say prices rising tariffs could rise prices for electronics, including the physical components behind AI.
Dozens of America’s trading partners, from Europe to China to India, now face new tariffs of 10% to 12.5% on goods shipped to the United States.
The video game console maker said it absorbed most duties last year, but it faces another supply chain hurdle as memory prices continue to rise.
Rep. Jared Golden (D-Maine) doubled down on his support for President Trump’s tariff war with Canada, saying any retaliation stemming from the tariffs “won’t go well” for the neighboring country. “If Canada thinks they’re better off without our goods,
President Trump is lashing out at Canada after trade talks fell apart. The U.S. is imposing heavy tariffs, and Canada is promising to reciprocate. CBS News' Natalie Brand reports.