US 50 percent tariffs on Canadian goods take effect as Ottawa prepares response

Nexus Europa Newsroom
Posted Aug 29, 2026, 12:30 AM UTC · In the digest of 2026-08-29-0030
US 50 percent tariffs on Canadian goods take effect as Ottawa prepares response
Photo: STV News

US 50 percent tariffs on $20 billion of Canadian goods have taken effect as Ottawa prepares a dollar-for-dollar retaliatory package.

United States tariffs of 50 percent on approximately $20 billion worth of Canadian imports officially took effect on Saturday following the failure of late-stage bilateral trade negotiations. The levies, implemented under Section 338, affect roughly five percent of Canada's total annual exports to the US.

In response, Canadian Prime Minister Mark Carney suspended ongoing trade talks and announced that Ottawa will unveil a full counter-measure package on Tuesday. The planned response is expected to include matching dollar-for-dollar retaliatory tariffs along with economic support packages for domestic businesses and workers. US President Donald Trump has warned that any Canadian retaliation will prompt further trade restrictions from Washington.

Sources: BBC News, Cyprus Mail, France24, STV News, Sweden Herald

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