Wall Street Journal: Canada Targets U.S. Metals, Foods, Motorcycles in Retaliatory Tariff Package

'Karl Schamotta, chief market strategist at global-payments firm Corpay Cross-Border Solutions, said the Canada retaliation might backfire. “An intensified trade war will hurt the country more than the U.S.,” Schamotta said. “Countertariffs will not help. In Canada, just as in the U.S., they are effectively taxes on domestic consumption. They raise the cost of living while doing little to shift trade balances or improve overall economic welfare.”'

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