Canada fights back: Dollar-for-dollar tariffs on US imports

The U.S.-Canada trade war escalates as Canadian Finance Minister François-Philippe Champagne announces up to 50% retaliatory tariffs on U.S. goods, targeting key swing states ahead of the midterm elections.

The U.S.-Canada trade war escalates as Canadian Finance Minister François-Philippe Champagne announces up to 50% retaliatory tariffs on $27.6 billion of U.S. goods. In response, President Donald Trump threatens to rename Lake Ontario to Lake America on Truth Social. Cheryl Casone highlights how Canada is strategically targeting key political swing states like Michigan and Wisconsin ahead of the upcoming midterm elections.