Canada to install retaliatory tariffs of up to 50% on US imports

Canada has announced retaliatory tariffs of up to 50% on a range of US goods, valued at around $20 billion. The tariffs will apply to products such as steel, dairy products, appliances, agricultural equipment, furniture, fresh tuna, and cotton T-shirts. According to GBC Ghana, nearly $20 billion worth of American products will be targeted.

The Canadian levies are set to come into effect on September 8 and are in response to the US imposing tariffs on Canadian goods. Finance Minister François-Philippe Champagne described Canada's retaliation as "proportionate" and "strategic". The tariffs are designed to match Canadian goods hit by the US.

The trade confrontation between the US and Canada has escalated sharply, threatening one of the world's largest trading relationships. People Daily Kenya reports that the new tariffs extend beyond industrial goods to everyday purchases such as seafood, cheese, clothing, cosmetics, and toilet paper. Industry Minister Mélanie Joly urged Canadians to buy Canadian goods to help protect jobs.

Brief written by urgent.news from Trucking Dive, GBC Ghana, People Daily Kenya, Punch, Punch Nigeria — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.