Canada Targets U.S. Metals, Foods, Motorcycles in Retaliatory Tariff Package
- On Tuesday, Finance Minister François-Philippe Champagne announced Canada will match U.S. tariffs dollar-for-dollar, imposing counter-tariffs up to 50% on C$27.6 billion of U.S. imports including steel, dairy, and appliances, effective September 8.
- U.S. officials enacted 50% duties on roughly $28 billion of Canadian goods on August 22, 2026, triggering Canada's retaliation after trade negotiations collapsed over the weekend.
- Ottawa unveiled a C$7.5 billion financial support package alongside the counter-tariffs, offering interest-free loans and extended employment insurance to protect workers and businesses affected by the trade dispute.
- President Donald Trump escalated tensions on Truth Social, suggesting he might rename Lake Ontario 'Lake America' and calling Canada 'the most difficult and unreasonable' nation to deal with.
- Trump threatened to double tariffs on Canadian vehicles and auto parts to 50% starting January 1, 2027, further pressuring the integrated auto sector amid the escalating trade war.
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424 Articles
Canad announces retaliatory tariffs of up to 50 percent on hundreds of U.S. products.
Canada slaps retaliatory tariffs on US goods worth $20 billion as trade war intensifies
OTTAWA — Canada hit back on Tuesday with retaliatory tariffs on about $20 billion worth of U.S. annual imports and rolled out aid for businesses and workers, matching Washington’s latest duties dollar-for-dollar. The post Canada slaps retaliatory tariffs on US goods worth $20 billion as trade war intensifies appeared first on Hawaii Tribune-Herald.
Washington. Canada responded yesterday to the United States with retaliatory tariffs of about $20 billion to US products, with rates ranging from 15 to 50 percent, as part of an escalation of the trade war among these historic allies.
Customs duties of 15 per cent, 25 per cent and 50 per cent for American products will enter into force on 8 September and will cover approximately 700 products imported from the United States.
Canada responds to Trump with slew of retaliatory tariffs
OTTAWA — Canada hit back Tuesday with retaliatory tariff s on about $20 billion worth of annual imports from the United States and rolled out aid for businesses and workers, matching Washington's latest duties dollar for dollar.
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