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Canada to announce response to Trump's new tariffs on Tuesday
🇵🇾 Paraguay /Economy & Trade

Canada to announce response to Trump's new tariffs on Tuesday

From ABC Color · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Canada will announce its response to new U.S. tariffs on Tuesday, escalating a trade dispute between the two nations.
  • Canadian ministers will detail measures to support workers and businesses affected by the tariffs.
  • The U.S. imposed 50% tariffs on Canadian goods worth approximately $20 billion, leading Canada to announce retaliatory tariffs effective September 8.

Canada is set to unveil its response to new U.S. tariffs on Tuesday, marking another step in the escalating trade war between the two neighboring partners. The Canadian government announced late Monday that its ministers of Finance, Industry, and Labor, along with other officials, would hold a press conference in Ottawa to detail the country's reaction.

announce new measures to protect and support the country's workers and businesses during these difficult times.

— OttawaA statement released by the Canadian government outlining the purpose of the upcoming press conference regarding the U.S. tariffs.

In a statement released Monday evening, Ottawa indicated that officials would "announce new measures to protect and support the country's workers and businesses during these difficult times." This comes after U.S. and Canadian negotiations failed on Friday to reach an agreement that would prevent the imposition of the new 50% tariffs by the Trump administration on a range of Canadian products.

These U.S. tariffs, which went into effect over the weekend, apply to Canadian goods valued at approximately $20 billion, representing 5.5% of Canada's total exports to the United States. President Donald Trump further threatened on Monday to double tariffs on certain Canadian auto sector products starting in 2027, intensifying the tariff escalation between the two economic partners.

the Americans wanted to destroy our main industries... through unfair conditions.

— Mark CarneyCanadian Prime Minister Mark Carney explaining why Canada rejected the terms of the trade negotiations with the U.S.

Currently, auto tariffs stand at 25% if they do not include U.S. materials, while steel imports generally face 50% duties. Canadian Prime Minister Mark Carney stated that Canada would impose retaliatory tariffs on the United States starting September 8, dismissing what he called a "bad deal." Carney emphasized that while Canada's goal in trade talks with Washington was always to secure the best deal for Canadians, the U.S. sought to "destroy our main industries... through unfair conditions," which led Canada to reject the terms.

the goal of the trade talks with Washington has always been to get the best deal for Canadians, never a deal at any price or on any terms.

— Mark CarneyCanadian Prime Minister Mark Carney discussing Canada's objectives during trade negotiations with the United States.
DistantNews Editorial

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

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