Bank of Canada governor Mark Carney revealed a retaliatory response to American tariffs. The U.S. tariffs caused damage. He pointed out that the U.S. tariffs have impacted Canada's GDP $3.5 billion so far. Canada lost 32,800 jobs following these measures.
Meanwhile, the Quebec Chamber of Commerce and Industry endorsed Carney's decision to keep tariffs on U.S. products. The group shared their frustration with the economic conflict between the two nations. They claimed there is a clear limit to the tolerance of such actions.