Today in Global Small Business: What You Need to Know About the Canada-U.S. Trade War

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What's affecting me, my clients, my colleagues and other global small business owners:

• Canada suspended trade negotiations, triggering President Trump’s 50 percent tariffs on a range of Canadian goods. Mark Carney said he would retaliate “dollar for dollar.”
• The lists of hundreds of goods from Canada subject to new 50 percent tariffs from the United States are long and seemingly organized at random.
• U.S., Canada spiral toward a trade war.
• Quote of the week: “We can chart a new course by building Canada strong at home and diversifying our trading relationships abroad." – Prime Minister Carney of Canada
• As Canada readies retaliatory tariffs, Mark Carney says his nation is 'at war' with U.S.
• Canada says it has come under economic attack from the U.S.

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from The Global Small Business Blog https://ift.tt/OxljJq5