Canada enacts $20B tariffs matching US duties
Canada announced retaliatory tariffs targeting $20 billion worth of U.S. imports to match President Trump’s tariffs "dollar for dollar," escalating the trade dispute between the two nations. The Canadian tariffs, which will take effect on September 8, range from 15% to 50% on various products, including steel, aluminum, furniture, clothing, cheese, appliances, seafood, electronics, and tools. This follows Trump's earlier imposition of 50% tariffs on Canadian imports and his threat to double auto tariffs to 50%, intensifying the ongoing trade conflict.
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