Federal ministers announce support for Canadians, counter-tariffs against U.S.

Following the breakdown of trade negotiations with the Trump administration, the Canadian government is providing $7.5 billion to assist workers and businesses affected by the sudden 50% tariffs on $27.6 billion worth of Canadian goods. This move highlights the government's commitment to supporting its economy in the face of unexpected U.S. trade policies. The new tariffs and counter-measures could lead to significant shifts in the Canadian market, potentially impacting everything from manufacturing to consumer prices.