EconomyGlobal National: Aug. 25, 2026 | Canada unveils retaliatory tariffs against US as trade war deepens

Canada has announced C$27.6 billion in tariffs on a range of U.S. goods in response to President Donald Trump’s new 50% levies on Canadian exports. The federal government also announced C$7.5 billion in support on Tuesday to help cushion Canadian businesses and their employees from the latest U.S. tariffs.