After failed negotiations between the United States and Canada, the two countries are now in an open trade war. Canada decided to retaliate against the United States with "dollar for dollar" tariffs, which means that Canada's retaliatory measures will be equivalent to those of the United States.
The direct result of this trade war will be rising prices for consumers in both countries. The tariffs imposed against each other tend to increase the cost of imported products, affecting the daily economy of the population.
