President Donald Trump called the exchange-rate imbalance between the U.S. and Canadian dollars unacceptable as Canada prepared retaliatory tariffs on roughly $20 billion of U.S. goods. One Canadian dollar bought about 72 U.S. cents, while Trump linked the currency gap to broader trade tensions with Ottawa. Canada's measures take effect Sept. 8, about two weeks after the U.S. imposed 50% tariffs on Canadian products. Canadian Finance Minister François-Philippe Champagne said the duties range from 15% to 50% across steel, aluminum, furniture, clothing, appliances and electronics. The targeted imports equal about 6% of the $333.6 billion in U.S. goods exported to Canada last year. The escalation follows failed trade talks and adds pressure to cross-border industries, particularly Michigan's automotive and manufacturing economy. Michigan representatives Haley Stevens and Lisa McClain have offered opposing views on Trump's strategy, while Canadian Prime Minister Mark Carney has said Ottawa remains prepared to negotiate a mutually beneficial agreement when Washington is ready.