Canada Retaliates Against Trump’s Tariffs With Levies of Up to 50% on U.S. Goods
"For each product, our tariff would match the American tariff on the same type of Canadian goods,” said Canadian Finance Minister François-Philippe Champagne.
Canadian Prime Minister Mark Carney announced retaliatory tariffs of up to 50% on various U.S. goods, effective September 8, in response to President Donald Trump's sweeping tariffs and escalating trade tensions. The counter tariffs target around $20 billion worth of U.S. imports, including products such as seafood, cheese, clothing, cosmetics, and toilet paper.
Prime Minister Carney stated that the tariffs are meant to protect Canadian industries and provide a level playing field for Canadian businesses. The trade war has intensified, with Trump criticizing Canada's French language and culture, including renaming Lake Ontario to "Lake America" and accusing Canada of "ripping off" the U.S. for decades.
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