Canada, tariffs
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President Donald Trump on Monday threatened to ban the sale of Canadian Bombardier jets if they are not built in the United States, hours ahead of Canada moving forward with $20 billion worth of retaliatory tariffs on American goods,
Washington Correspondent Ben Werschkul joins Market Catalyst's host Julie Hyman to report Canada's retaliatory tariffs on $20 billion worth of US goods taking effect as trade talks between the two countries appear to be frozen.
With some tariffs added and others removed, economists predict that big picture the changes will break even. But certain industries will still be hit hard, they say, and the tit-for-tat will weigh on business owners' confidence.
Republicans are aiming to get voters to turn out for the midterms with an unconventional convention. And, Canada's retaliatory tariffs on the U.S. went into effect at midnight.