Canada responds to US sanctions in September
Canada has imposed countervailing tariffs ranging from 15% to 50% on American goods, starting from September 8, in response to the US tariffs that reached 50% on Canadian products, amid the escalating trade war between the two countries. The measures target multiple sectors, including steel, aluminum, household appliances, processed foods, perfumes, and personal care products, aimed at protecting Canadian businesses. This move comes within a political context, with some measures related to the U.S. Congressional elections scheduled for November 3. Additionally, Canada announced a aid package worth 5.4 billion dollars for regions affected by the trade escalation.
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