Canada Tariffs Take Effect

OttawaCanada’s counter-tariffs on $20B hit Tuesday.

Canadian and American buyers, not each country’s politicians, pay these new costs.

Retaliation lists are chosen for political geography, hitting goods made in swing-state industries that cross the border repeatedly.

The US has also threatened 50% vehicle tariffs and a Bombardier ban.

Sources: The New York Times, Investing.com, Al Jazeera Online