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๐Ÿ‡ฆ๐Ÿ‡บ Australia /Economy & Trade

As trade war escalates, Canada strikes back at Trump with tariffs

From ABC Australia · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

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  • Canada announced retaliatory tariffs on approximately $US20 billion worth of U.S. imports, set to take effect September 8.
  • The tariffs range from 15% to 50% and target about 700 product types, including smartphones, cosmetics, and paper.
  • The move escalates a trade war with the U.S. after President Trump imposed new tariffs on Canadian goods.

Canada has escalated its trade dispute with the United States by announcing significant retaliatory tariffs on U.S. imports. The Canadian government pledged to impose tariffs ranging from 15% to 50% on approximately $US20 billion worth of American goods, effective September 8. This measure targets around 700 product categories, with higher tariffs hitting items such as smartphones, cosmetics, milk, furniture, and paper. Seafood, appliances, cheeses, carpets, and textiles will face a 25% tariff.

This is an unprecedented challenge imposed on Canada. But Canada will meet the moment.

โ€” Francois-Philippe ChampagneThe Canadian Finance Minister expressed determination in response to the escalating trade conflict.

This action marks a further deterioration in relations between the two North American neighbors. The move comes after U.S. President Donald Trump labeled Canada the "most difficult and unreasonable" country he has encountered and announced new tariffs on many Canadian goods following the collapse of trade agreement negotiations. Canada asserts that the U.S. had proposed unfair terms that would have harmed its industries and workers.

Everything's on the table. I'll do whatever it takes.

โ€” Doug FordOntario Premier Doug Ford suggested further measures could be taken to protect Canadian interests.

Canadian officials have vowed to stand firm against Trump's protectionist policies. "This is an unprecedented challenge imposed on Canada," stated Canadian Finance Minister Francois-Philippe Champagne. "But Canada will meet the moment." Some Canadian leaders have even suggested further measures, including restricting U.S. access to critical minerals from Ontario or imposing new fees on Canadian power supplied to northern U.S. states. Ontario Premier Doug Ford indicated that "everything's on the table" to protect Canadian interests.

Things got a little heated. I want to make a deal. A good deal for the American people, a good deal for the Canadians.

โ€” Doug FordFord commented on the heated exchange of insults between him and President Trump.

The exchange has included heated rhetoric, with Trump calling Ford and Canadian Prime Minister Mark Carney "clowns" and threatening "far worse" consequences. Ford, in turn, has described Trump as a "bully" and a "dictator." Despite the tensions, Ford expressed a desire for a "good deal for the American people, a good deal for the Canadians." Trump has also used social media to criticize Canada, accusing it of "ripping off" the U.S. and driving American companies out of business, even threatening to rename Lake Ontario "Lake America."

I deal with many countries, and Canada is easily the most difficult and unreasonable. They feel entitled, but they are not a State, and will be entitled no longer!

โ€” Donald TrumpPresident Trump criticized Canada's negotiating stance and relationship with the U.S.
DistantNews Editorial

Originally published by ABC Australia in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.