Canada to announce dollar-for-dollar tariff response after U.S. trade talks collapse

globalnews.ca

Canada will announce its response to U.S. tariffs on Tuesday, following the collapse of trade talks Friday. Prime Minister Mark Carney pledged "dollar-for-dollar" retaliatory tariffs against President Donald Trump's escalated trade war. Finance Minister François-Philippe Champagne and other ministers will reveal the plan and worker relief package in Ottawa. Canadian countermeasures take effect Sept. 8, after Trump threatened to double auto tariffs to 50 per cent by Jan. 1, 2027. Champagne said Canada has prepared a support package for affected workers, having considered various alternatives. The announcement will be livestreamed as the trade dispute intensifies.


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