Canada to impose retaliatory tariffs on US steel, electronics, other products, Carney says

Canada is set to retaliate against the United States with its own tariffs on American goods, including steel, electronics, and agricultural products. Prime Minister Mark Carney announced the measure would take effect September 8, directly mirroring President Donald Trump's recent 50% tariffs on Canadian exports.

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Canada will match Washington’s new tariffs dollar for dollar in order to protect Canadian workers, farmers, families, and businesses.

The decision follows days of intense trade negotiations that failed to yield a deal by Friday's deadline. This escalation worsens the relationship between the two long-standing trade partners and allies, casting further uncertainty over the future of the US-Mexico-Canada Agreement (USMCA).

Carney declared that Canada would match the U.S. tariffs "dollar for dollar" to safeguard Canadian workers, farmers, families, and businesses. He characterized the situation as a "war" after being "attacked," signaling a firm stance against the U.S. trade actions. Canada's retaliatory measures will target sectors such as dairy, appliances, agricultural equipment, pulp and paper, and electronics.

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You’re at war when you get attacked. We got attacked.

Despite Canada's significant reliance on the U.S. for nearly 70% of its exports, Carney is among the few global leaders to directly counter U.S. tariffs. He has committed to forging new trade and military alliances. The government plans to announce support measures for affected industries next week, which could extend for years.

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We cannot accept what they have offered, and we will not give what they have asked.

U.S. Trade Representative Jamieson Greer indicated no further talks are planned, stating the U.S. is moving forward with its measures in response to Canadian retaliation. The White House has not immediately responded to requests for comment.

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In recent days, the US proposed new terms that were uneconomic, unfair, and undermined the net benefits to Canada, calling into question the reliability of any deal.