Canada announces 'dollar-for-dollar' retaliatory tariffs on US as high as 50%

President Trump has yet to remark on the latest Canadian countermeasures. On Tuesday he posted on Truth Social, accusing Canada of "ripping off" the United States for decades and of imposing steep tariffs on American farmers. He wrote: "I woody with galore countries, and Canada is easy the astir hard and unreasonable," Trump wrote. "They consciousness entitled, but they are not a State, and volition beryllium entitled nary longer!" He also suggested he would rename Lake Ontario to Lake America, stating: "We don't expect to doing overmuch concern with Ontario immoderate longer." Earlier, on Monday, Trump threatened to increase U.S. tariffs on Canadian automobiles to 50 percent effective January 1. In response, Prime Minister Mark Carney accused the president of seeking to "destroy" Canadian industries, specifically automobile manufacturing as well as the alloy and aluminum sectors. The rhetoric on both sides reached a fever pitch on Monday, but some officials adopted a more diplomatic tone on Tuesday, expressing hope that negotiations could resume. After labeling Trump a "loser" at a Monday press conference, Ontario Premier Doug Ford told CNN in an interview that "things got a small heated". He added: "But I privation to marque a woody — a bully woody for the American people, a bully woody for Canadians." The escalation raises doubts about the future of the United States‑Mexico‑Canada Agreement (USMCA), the North American free‑trade pact linking Canada, the United States and Mexico. President Claudia Sheinbaum has dispatched her chief of staff, Marcelo Ebrard