Wiped out: US faces surging toilet paper prices amid trade war with Canada The GuardianHow U.S.-Canada Tariff Negotiations Turned Into an All-Out Trade War The New York Times‘Captain Canada' firebrand unloads on Trump with profane one-liner as trade war escalates Fox NewsThe Canadian Bad Cop on the Front Lines of the U.S. Trade War WSJ
Canada announced new tariffs of up to 50 percent on hundreds of American goods in retaliation for U.S. tariffs that took effect last week. Starting Sept. 8, Canada will double tariffs on American steel and aluminum to 50 percent and impose tariffs on around 700 other products.
Oil prices declined on Tuesday as traders shrugged off U.S. threats of an "economic D-Day" against Iran, while a flurry of headlines helped to renew hopes that the conflict could soon come to an end.
