Canada is set to announce details of retaliatory tariffs against the U.S. on Tuesday after relations between the two countries deteriorated sharply Monday.
U.S. President Donald Trump warned Canadian leaders on Monday to “fall in line” or face consequences “far WORSE” than existing tariffs and Canadian Prime Minister Mark Carney accused the U.S. government of attempting to subordinate Canada.
The U.S. imposed new 50% tariffs on Canadian goods such as wine, furniture and dairy products, while Carney said U.S. trade demands proved Washington wanted to “destroy our major industries,” including autos, steel and aluminum.
The U.S. president also…
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