Canada unveils counter-tariffs on US goods as trade conflict deepens
Canada has formally announced 50 percent retaliatory tariffs on $20 billion in US goods following the breakdown of trade talks with Washington.
Canada has formally unveiled a counter-tariff package targeting C$28 billion ($20 billion) in American goods following the collapse of bilateral trade negotiations. The measures, which mirror the 50 percent levies imposed by the United States on $20 billion worth of Canadian imports, will apply to products including steel, furniture, seafood, and apparel.
The cross-border dispute escalated after Washington enacted Section 338 duties affecting approximately five percent of Canada's annual exports south. In response, Canadian Prime Minister Mark Carney suspended trade talks and pledged a "dollar-for-dollar" retaliation alongside financial support packages to protect domestic businesses and workers from market instability.
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