Canada will announce Canadian $29.8 billion or $20.7 billion in retaliatory tariffs in response to the 25% steel and aluminum tariffs that U.S.

The federal government is expected to announce later this hour a plan to slap tariffs on $29.8 billion worth of American goods to hit back against U.S. President Donald Trump after he imposed punishing tariffs on Canadian steel and aluminum early this morning,

U.S. President Donald Trump's increased tariffs on steel and aluminum imports took effect on Wednesday as prior exemptions, duty free quotas and product exclusions expired, as his campaign to reorder global trade norms in favor of the U.