Carney: Canada will enact retaliatory US tariffs starting September 8

Canadian Prime Minister Mark Carney announced that Canada will impose retaliatory tariffs on U.S. imports starting September 8. This decision comes after the United States enacted steep new duties on nearly $20 billion of Canadian goods. Carney described the response as "dollar-for-dollar" and "focused."

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We pursued every opportunity to reach an agreement that protects Canadian workers and their families, that strengthens our economy and that respects Canadian sovereignty. We take this step reluctantly.

Canada will level tariffs on U.S. imports including steel, dairy, appliances, agricultural equipment, paper, and electronics. Carney stated that Canada pursued every opportunity to reach an agreement protecting its workers, economy, and sovereignty. "We take this step reluctantly," he said.

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We pursued every opportunity to reach an agreement that protects Canadian workers and their families, that strengthens our economy and that respects Canadian sovereignty.

The tariffs were first announced in July amid ongoing trade disputes. U.S. President Trump accused Canada of "discriminatory treatment." Despite marathon talks, negotiators failed to finalize a trade deal before the revised deadline expired.

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We take this step reluctantly.

Carney explained that Canada walked away because the U.S. "asked too much and they offered too little." He accused the U.S. of introducing last-minute demands that scuttled negotiations, citing uneconomic and unfair terms regarding car imports and restrictions on Canada's ability to forge new trade alliances. "The Americans wanted to restrict that. Unacceptable," Carney said.

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Canada had been pragmatic, patient and persistent.