Canada’s retaliatory tariffs take effect as US trade talks stall

TARIFFS HIT CANADIAN WINE, FURNITURE, DAIRY Trump's tariffs, implemented last month, hit sectors including wine, furniture, dairy products, cement, clothing, fishing rods, and hockey equipment, covering $20 billion, or 5%, of Canadian exports to the U.goods took effect ​just after midnight on Tuesday as Prime Minister Mark Carney increased economic pressure on his country's ‌biggest trading partner after negotiations collapsed last month, intensifying an 18-month-old trade war."What we ​are worried about is an escalatory spiral," said Michael Harvey, executive director of the Canadian Agri-Food Trade Alliance and ​a member of Carney's advisory committee on bilateral U.