Canada FIRES BACK at Trump with dollar-for-dollar tariff retaliation

• Canada to enact tariffs up to 50% on $27.6 billion in US imports, effective September 8.
• Ontario Premier Doug Ford states Canada is under 'unprovoked attack' by Trump, potentially hurting the auto sector and causing US layoffs.
• Analysts discuss whether the tariffs are a significant economic threat, noting some are on 'random things' and auto tariffs don't kick in until January 2027.
• Concerns are raised about the long-term impact on industries and the mutual dependence between the US and Canada.

Canada has announced retaliatory tariffs of up to 50% on $27.6 billion worth of US goods, effective September 8, in response to US tariff threats. Canadian officials, including Ontario Premier Doug Ford, describe the US actions as an 'unprovoked attack' that could harm the auto sector and lead to layoffs in both countries. Fox Business analysts express fatigue over trade wars, with some questioning the economic impact of the specific tariffs and the political motivations behind them.