Canada will impose retaliatory tariffs of up to 50% on imports from the United States starting September 8, the country’s finance minister said on Thursday.
Finance Minister François-Philippe Champagne announced that Ottawa will levy duties of 15%, 25% or 50% on U.S. goods valued at $27.6 billion. The measures target a range of sectors, including agriculture and manufacturing, as part of a broader trade dispute with Washington.
The announcement follows recent U.S. tariff actions against Canadian products, which Ottawa has characterized as unjustified. The Canadian government framed the retaliatory duties as a necessary response to protect domestic industries amid ongoing trade frictions.
The tariffs will apply to a broad basket of goods, with the highest rates reserved for products deemed most sensitive to U.S. competition. The move underscores the escalating trade tensions between the two North American neighbors, raising concerns about broader economic impacts on cross-border supply chains and consumer prices.
