Canada Strikes Back at US with Retaliatory Tariffs
Canada said the duties will hit steel, dairy and electronics, covering nearly $20 billion in U.S. imports, officials said.
- On Tuesday, Canada announced retaliatory tariffs on nearly $20 billion worth of U.S. goods, matching Washington's duties "dollar for dollar" starting September 8.
- Saturday's implementation of new 50% U.S. tariffs on Canadian imports triggered the response after trade negotiations between the two countries collapsed late last week.
- Levies of 15%, 25%, and 50% will target 700 products, Canadian Finance Minister François-Philippe Champagne confirmed, while the government unveiled a $7.5 billion support package for affected businesses.
- Industry Minister Melanie Joly stated the strategy aims to protect domestic companies and exert political pressure on U.S. states ahead of the November 3 midterm elections.
- Citing "uneconomic" and "unfair" terms from the Trump administration, Canada Prime Minister Mark Carney recalled negotiators Friday as officials work to build a more resilient, diversified Canadian economy.
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42 Articles
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Canada Slaps Retaliatory 50% Tariffs on American Goods Engineered To Wreck GOP Midterm Strongholds
Canada will impose retaliatory tariffs of up to 50 per cent on more than 800 American products from 8 September, directly targeting key Republican strongholds ahead of the US midterm elections in a move Ottawa openly admits is designed to maximise political pressure. The measures, unveiled by Ottawa on Tuesday, mirror duties Washington imposed on roughly $20bn (£16bn) of Canadian exports, with President Donald Trump citing American economic inte…
Canada strikes back at US with retaliatory tariffs
Canada struck back at the United States with retaliatory tariffs on about $20 billion worth of American goods. The duties announced Tuesday included steel, dairy products, appliances and farm equipment, as the trade war between the once-friendly neighbors escalated sharply.…
Dealing with U.S. 'like having a national root canal for the last two years': Sarnia, Ont., mayor
Sarnia, Ont., is one of the many affected cities anxiously watching the Canada-U.S. trade war unfold. Mayor Mike Bradley explains why he's 'not optimistic' about negotiations before the government's Sept. 8 deadline for retaliatory tariffs, as well as why he thinks Donald Trump will find other ways to attack Canada even if he fails in the midterm elections.
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