EconomyCanada imposes up to 50% counter-tariffs on US goods as trade war escalates

Canada is imposing counter-tariffs of 15% to 50% on nearly $20bn in US imports, including machinery, textiles and consumer goods, matching US duties on Canadian products. The measures deepen a dispute that has strained the two countries’ long-standing trade relationship after talks on a new deal collapsed. It began when Donald Trump returned to office, imposed tariffs on Canadian imports and threatened further action.