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EconomyCanada announces ‘dollar-for-dollar’ retaliatory tariffs on US as high as 50%

Canada has announced counter-tariffs of up to 50% on nearly C$28bn of US goods, including steel, furniture, fresh tuna and cosmetics. The measures are due to begin on 8 September. Ottawa called the response “proportionate” and “strategic” and pledged C$7.5bn in support for affected businesses and workers.

CanadaUnited Statestariffstrade war

BBBC News★★★★☆2026-08-25 17:54Original

Canada announces ‘dollar-for-dollar’ retaliatory tariffs on US as high as 50%
Canada announces ‘dollar-for-dollar’ retaliatory tariffs on US as high as 50%Economy