Canada's Tariffs Take Effect as It Seeks Closer EU Ties, Awaits Trump Response
- On Tuesday, Canadian Prime Minister Mark Carney announced retaliatory tariffs on about $20 billion in U.S. goods as Canada braced for President Donald Trump's response to the escalating trade conflict.
- Tensions escalated after Trump imposed tariffs on Canadian goods, prompting Carney to claim the U.S. sought "dependency, not a true economic partnership" while weakening key Canadian industries like steel and forestry.
- The measures target hundreds of American products—including steel, appliances, and farm equipment—at rates of 15%, 25%, or 50%, while public anger fuels support for Carney with his approval rating topping 70%.
- Although formal negotiations remain stalled, Gabriel Brunet, a spokesman for Trade Minister Dominic LeBlanc, confirmed that officials from both nations maintain ongoing discussions on a range of issues.
- Carney is scheduled to travel to Strasbourg, France, next week to address the European Parliament and attend European Commission President Ursula von der Leyen's State of the European Union address on September 16.
11 Articles
11 Articles
Canada’s tariffs take effect as it seeks closer EU ties and awaits Trump’s response
The trade war began after Trump returned to office and imposed a series of tariffs on Canadian goods despite having negotiated and repeatedly praised the North American trade agreement during his first term. Many of those tariffs violate the pact.
Canada's new tariffs have come into effect: approximately $20 billion in imports from the United States are now overtaxed, a response to the measures decided by the United States at the end of August.
The trade conflict between the two countries resumed in the second half of August after the failure to finalize a previously drafted trade agreement.
Canada introduced 15% to 50% retaliatory tariffs on Tuesday for hundreds of U.S. products totalling $27.6 billion, escalating the trade conflict with the United States after the failure of negotiations between the two countries, according to CNBC.
On Tuesday, Canada activated customs retaliatory duties on US imports worth $27.6 billion (approximately US$20 billion), in a further escalation of trade war with the United States, after the failure of trade negotiations to avoid these duties, while there are no signs that Ottawa and...
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