Canada targets $20 billion in US goods with counter-tariffs as trade talks collapse
Canada has unveiled C$28 billion ($20 billion) in retaliatory tariffs on American goods after trade negotiations between Ottawa and Washington broke down.
Canada has formally implemented counter-tariffs targeting C$28 billion ($20 billion) in American goods after bilateral trade negotiations with the United States collapsed. The measures match 50 percent levies introduced by Washington under Section 338, which hit approximately five percent of Canada's annual exports south.
The Canadian counter-tariffs apply to a wide range of products, including steel, furniture, fresh tuna, and cotton apparel. Canadian Prime Minister Mark Carney announced the suspension of further trade talks, pledging a "dollar-for-dollar" response alongside support packages designed to protect domestic industries and workers from economic disruption.
The escalation follows the failure of late-stage negotiations aimed at averting the American duties, marking a significant breach in trade relations between the historic allies. Washington had previously threatened additional tariff increases if Ottawa responded to the initial levies.
Sources: BBC News, Cyprus Mail, France24, STV News, Sweden Herald
Sources
- Cyprus Mail — US, Canada fail to reach trade deal as 50% tariffs take effect
- STV News — US imposes 50% tariffs on Canadian goods as trade talks break down
- Sweden Herald — Canada to unveil tariff response to protect businesses and workers
- France24 — What to know about Trump's Canada tariffs and the escalating trade war
- BBC News — Canada announces 'dollar-for-dollar' retaliatory tariffs on US as high as 50%
Earlier coverage
- Sep 1, 2026, 01:30 PM UTCCanada to outline counter-tariffs and economic support after US trade talks collapse
- Sep 1, 2026, 08:00 AM UTCCanada prepares retaliatory tariffs following breakdown in US trade talks
- Sep 1, 2026, 05:00 AM UTCCanada prepares retaliatory package as US imposes 50 percent tariffs
- Sep 1, 2026, 04:30 AM UTCCanada prepares response as US 50 percent tariffs take effect
- Aug 31, 2026, 10:30 AM UTCCanada prepares retaliatory package as 50 percent US tariffs take effect
- Aug 30, 2026, 10:00 AM UTCCanada prepares retaliatory tariffs following US trade deal collapse
- Aug 30, 2026, 06:30 AM UTCCanada prepares retaliatory measures following US tariff implementation
- Aug 30, 2026, 01:00 AM UTCCanada prepares retaliatory package as US tariffs take effect
- Aug 29, 2026, 11:30 PM UTCUS-Canada trade conflict deepens as 50 percent tariffs take effect
- Aug 29, 2026, 03:30 PM UTCCanada to unveil retaliatory package following 50% US tariffs