Canada has announced it will impose retaliatory tariffs on US goods in direct response to new 50% duties on $28 billion worth of Canadian products. The measures come after days of failed negotiations that ended without an agreement, with US demands reportedly pushing Canada to walk away from the table. Prime Minister Mark Carney described the last-minute US actions as a “power play,” citing the lack of compromise on key trade issues. The retaliatory tariffs will be applied “dollar for dollar,” matching the scale of the US measures. The trade dispute has escalated tensions between the two nations, with Carney acknowledging the ongoing trade war. The situation marks another chapter in the long-standing economic rivalry between Canada and the United States, as both countries continue to navigate complex trade policies under the Trump administration.