Urgent.News

What's breaking now, across thousands of outlets.

Business

"We were attacked": Canada counters US tariffs - trade dispute escalates

After the failed negotiations, the USA are imposing new tariffs on Canada on hockey sticks, furniture and other products. Canada's response is prompt - and could soon be reciprocated.

Translated from German Read in German

"We were attacked": Canada counters US tariffs - trade dispute escalates

US President Donald Trump's tariffs on Canadian goods worth $20 billion came into effect after negotiations between the two countries broke down. Canadian Prime Minister Mark Carney announced retaliatory measures to take effect on September 8, targeting sectors such as steel, dairy products, and electrical equipment. The US Trade Representative, Jamieson Greer, said the US had offered Canada better terms than any other major trading partner and that countermeasures against Canada's tariffs were already being worked on.

Trump had initially postponed the tariffs, which include 50% duties on products such as hockey sticks, furniture, and wine.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at handelsblatt.com →

More in Business

More from Saturday 22 August →