Canada is set to impose retaliatory tariffs ranging from 15% to 50% on C$27.6bn of US imports, deepening a trade dispute after President Trump announced 50% tariffs on Canadian goods.
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Key facts
- Canada's retaliatory tariffs take effect at 12.01am on Tuesday.
- The measures range from 15% to 50% and cover C$27.6bn in US imports.
- Targeted sectors include steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics.
- The move follows Trump's announcement of 50% tariffs on Canadian goods.
- Tensions have intensified between Donald Trump and Mark Carney.
Canada is set to impose retaliatory tariffs on billions of dollars’ worth of American imports early on Tuesday, escalating a trade fight with the United States — its largest trading partner — as tensions between US president Donald Trump and Canadian prime minister Mark Carney intensify, according to the Guardian.
The tariffs will take effect at 12.01am on Tuesday. They will range from 15% to 50% and apply to products covering C$27.6bn in imports from the United States.
The measures target sectors including steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics — industries the Guardian reports have been most affected by US tariffs.
The counter-measures come after Trump announced 50% tariffs on Canadian goods, prompting Ottawa’s response across several sectors of the economy.
The escalating dispute reflects growing friction between the two neighbours, whose economies are closely linked. Tit-for-tat tariffs risk raising costs for businesses and consumers on both sides of the border.
Why it matters
Tariffs between the United States and Canada, two closely integrated economies, can raise prices for businesses and consumers and disrupt supply chains across key industries. An escalating trade dispute between the two neighbours signals deepening tensions with wide economic implications.
Frequently asked questions
When do Canada's retaliatory tariffs take effect?
They take effect at 12.01am on Tuesday, according to the Guardian.
How large are the tariffs and what do they cover?
The tariffs range from 15% to 50% and apply to products covering C$27.6bn in imports from the United States.
Which sectors are targeted?
The measures target steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics.
Timeline
- Canada's retaliatory tariffs worth CA$27.6 billion take effect as trade rift with U.S. deepens
CNBC Top News: Duties on Canadian imports of U.S. steel and aluminum products have doubled to 50% as a trade war between Washington and Ottawa intensifies.
- Canada's retaliatory tariffs worth $27.6 billion take effect as trade rift with U.S. deepens
CNBC Top News: Duties on U.S. steel and aluminum products have doubled to 50% as a war of words between Washington and Ottawa continues.
- Canada braces for prolonged trade war as counter-tariffs on US take effect
BBC Business: It is the latest escalation since trade talks collapsed in late August, with US officials threatening to hit back if Canada’s counter-tariffs are implemented.
- Canada’s retaliatory tariffs on $20bn of US goods take effect
Al Jazeera: Trade tensions soar as Canada matches US tariffs 'dollar-for-dollar', impacting 700 products and multiple industries.
- Canada’s retaliatory US tariffs take effect as trade dispute grows
The Guardian World: Counter-measures covering several sectors come after Trump announced 50% tariffs on Canadian goods Canada’s retaliatory tariffs on billions of dollars’ worth of American imports have come into effect, escalating a trade fight that has been marked by intensifying tensions between
- Canada’s retaliatory US tariffs set to take effect as trade dispute grows
The Guardian World: Counter-measures covering several sectors come after Trump announced 50% tariffs on Canadian goods Canada is set to impose retaliatory tariffs on billions of dollars’ worth of American imports early on Tuesday, escalating a trade fight with its largest trading partner as tensions