Canada hits back with $20bn tariffs on US goods

irishtimes.com

Canada announced retaliatory tariffs on $20 billion worth of US imports, responding to President Donald Trump's increased duties on Canadian cars. The measures take effect after September 8th. Finance Minister François-Philippe Champagne released a 99-page list covering hundreds of US goods, including steel, dairy, and agricultural equipment. Counter-tariffs of 15, 25, or 50 percent match US rates on Canadian exports, following collapsed trade talks on Friday. The escalation began Saturday when US tariffs on $20 billion of Canadian goods took effect after Prime Minister Mark Carney suspended negotiations. Trump raised car and auto-part tariffs Monday, prompting Canada's response.


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