Canada is preparing retaliatory tariffs against the US as Mark Carney rejects Trump’s trade demands and Washington threatens 50% tariffs on Canadian industries.

Canadian Prime Minister Mark Carney vows to retaliate, says his country recognized that 'America has changed' and that the two countries would 'not return to our old relationship'

“Canada will match those tariffs dollar for dollar to protect our workers and businesses,” Prime Minister Mark Carney said in a statement.

Canada will retaliate with tariffs on US goods starting September 8, escalating the ongoing trade conflict.