Canada Sets Sept. 8 Retaliatory Tariffs After US Hits $20 Billion of Goods With 50% Duties
Updated
Updated · The Associated Press · Aug 24
Canada Sets Sept. 8 Retaliatory Tariffs After US Hits $20 Billion of Goods With 50% Duties
3 articles · Updated · The Associated Press · Aug 24
Summary
Sept. 8 is when Canada will begin “dollar for dollar” tariffs on U.S. goods after Washington’s 50% duties on about $20 billion of Canadian products took effect Saturday.
Mark Carney said last-ditch talks collapsed because U.S. demands “went too far,” and accused Washington of using economic integration “as a weapon” against Canada.
Steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics are among the U.S. products Canada plans to target; Carney said Ottawa would drop remaining steel, aluminum and auto tariffs if U.S. levies were substantially lowered.
Jamieson Greer, Trump’s top trade negotiator, said the administration would answer Canada’s retaliation with additional measures, underscoring a widening trade clash between allies.
The U.S. tariffs cover goods equal to about 5% of Canada’s annual exports to its largest market and now reach some products previously shielded by the USMCA, raising fresh doubts about the pact.
With a rarely used 1930 law sparking a $20 billion trade war, could this unprecedented clash permanently dismantle North American economic integration?
As Canada absorbs severe economic pain to protect its sovereignty, will this high-stakes tariff standoff redefine how middle powers resist global superpowers?