Canada Hits Back At Trump With Up To 50% Retaliatory Tariffs On 700+ US Goods Worth CAD 27.6 Billion | Video
Ottawa: Canada has announced retaliatory tariffs on more than 700 US goods worth CAD 27.6 billion (about USD 20 billion), matching the US' 50 per cent tariff on Canadian goods that took effect on August 22, Francois-Philippe Champagne, the Minister of Industry and Minister said on Tuesday (local time). ❗Canada FIRES BACK at US with +$27B in TARIFFS on American Goods 'Effective Sept 8th, Canada…
Ottawa's Minister of Industry, Francois-Philippe Champagne, announced on Tuesday that Canada is imposing retaliatory tariffs on over 700 US goods worth CAD 27.6 billion, in response to the US increasing tariffs on Canadian goods by 50 percent effective August 22. Canada will impose counter-tariffs of up to 50 percent on $27.6 billion of US imports starting September 8th.
The tariffs will apply to a wide range of products, including appliances, dairy products, steel, aluminum, furniture, clothing, and automotive parts. Canada has also launched a CAD 7.5-billion package of new support measures for workers and businesses affected by the US tariffs.
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