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

Canada will impose 15-50% tariffs on U.S. goods starting September 8, retaliating against American trade measures. Ottawa warns further action if U.S. auto tariffs rise. The tariffs target steel, dairy, agricultural equipment, paper, electronics, and appliances, matching U.S. surtaxes "to the dollar." Finance Minister François-Philippe Champagne says Canada didn't choose this fight, calling it an "unprecedented challenge" given U.S. dominance in trade. Prime Minister Mark Carney broke off negotiations Friday over "unfair" conditions, including French-language requirements. Washington's new tariffs affect $20 billion in Canadian goods. Canada pledged retaliation if U.S. auto tariffs rise to 50% in January, backed by a $7.5 billion support package.