ALBAWABA-Tensions between the United States and Canada have reached new heights as both countries exchange economic blows.
The U.S. government announced Wednesday that Canadians staying in the country for more than 30 days will now be required to register with authorities, a move seen as part of a broader crackdown amid intensifying trade disputes.
In retaliation, Canada is set to impose tariffs worth $29.8 billion on American goods in response to U.S. President Donald Trump's decision to double tariffs on Canadian steel and aluminum imports from 25% to 50%.
The White House later clarified that the increased tariffs would not be enforced, claiming Canada had agreed to drop its planned electricity tax on exports to the U.S.
However, officials in Ontario have warned that if Trump escalates further, the province could cut electricity supplies to the U.S.
The escalating trade war has already rattled financial markets, with U.S. stocks taking a sharp hit following Trump's announcement. Economists warn that his aggressive trade policies could push the U.S. economy toward a recession.
Meanwhile, Trump's controversial statement that the "only solution" to the crisis is for Canada to become the 51st U.S. state has further fueled tensions, sparking outrage among Canadian officials.
