Canada–U.S. trade tensions entered a new phase as the United States imposed import bans on certain Canadian products.
The latest measure was announced on Sept. 8, on top of other measures Washington took against Canada, as Ottawa proceeded with imposing its counter-tariffs on the United States.
While the import bans are on a limited number of products, they would be devastating to the targeted sectors, and also would lead to further economic uncertainty and businesses leaving Canada, economists say.
The U.S. administration says the new measures are necessary to “level the playing field” with Canada when it comes to trade, while Ottawa maintains that U.S. actions are unjust and merit retaliation….