Canada hits back with 15-50% tariffs on U.S. goods

Canada will impose counter-tariffs of 15 to 50 percent on various U.S. products starting September 8, escalating the trade war with Washington. The tariffs target U.S. steel, dairy, agricultural equipment, paper, electronics, and appliances, matching dollar-for-dollar the U.S. surtaxes imposed Saturday. Finance Minister François-Philippe Champagne said Canada is "united in its response" and did not choose this conflict. Prime Minister Mark Carney broke off trade talks Friday, calling U.S. conditions "unfair." Washington has since applied tariffs on $20 billion of Canadian goods. Canada promised retaliation after President Trump announced auto tariffs rising from 25 to 50 percent by January 1.