Canada hits US goods with 15-50% tariffs in escalating trade war

Canada escalated its trade war with the United States on Tuesday, announcing retaliatory tariffs on US goods ranging from 15 to 50 percent. These measures will take effect September 8, a timeline previously set by Prime Minister Mark Carney.

The tariffs, which match US levels, target key Canadian industries including steel, dairy, and electronics. Affected products include frozen and fresh fish, consumer goods like dishwashers and washing machines, and industrial items such as railway construction materials.

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

Finance Minister Francois-Philippe Champagne announced a $5.4 billion (CA$7.5 billion) aid package for businesses and workers impacted by the trade dispute. "This is an unprecedented challenge imposed on Canada. But Canada will meet the moment," Champagne stated, emphasizing national unity.

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I think what Canadians can see this morning is that we stand united.

Industry Minister Melanie Joly urged Canadians to support local businesses and pledged to "fight back" if US President Donald Trump further increases tariffs on Canadian autos. Trump had previously threatened to double auto tariffs to 50 percent by 2027.

Analysts warn of further escalation, noting that Trump's latest tariffs already hit about $20 billion in Canadian goods. The tit-for-tat measures have strained relations between the two historically close allies, with Trump reportedly considering renaming Lake Ontario "Lake America" amid heightened animosity.

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fight back