Canada Is Limited in Matching Further US Tariffs, Carney Says

Mark Carney

Photographer: James Park/Bloomberg
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Canada can only go so far in responding to new import taxes imposed by US President Donald Trump given the mismatch in size between the economies, Prime Minister Mark Carney said.

“There is a limit to matching these tariffs dollar for dollar given the fact that our economy is a tenth the size of the United States,” Carney told reporters in London on Monday.