Canada will slap retaliatory tariffs on $2.7 billion worth of U.S. goods, Deputy Prime Minister Chrystia Freeland said. Canada’s move came in response to President Donald Trump’s decision to reimpose 10% aluminum duties on its trade partner. “We will impose dollar-for-dollar countermeasures in a balanced and perfectly reciprocal retaliation,” Freeland said. “We will not escalate and we will not back down.”