Canada Has Imposed Retaliatory Tariffs On Goods From The United States
- 25.08.2026, 20:19
$20 billion.
Canada will impose retaliatory tariffs on approximately $20 billion worth of U.S. goods in response to the new tariffs imposed by U.S. President Donald Trump. Canadian Prime Minister Mark Carney announced measures comparable in scope to the U.S. restrictions, according to Bloomberg.
Existing tariffs on steel and aluminum from the U.S. will be doubled to 50%. The same tariff will be imposed on U.S. furniture, clothing, game consoles, smartphones, and other electronics. Tariffs of 25% will be imposed on household appliances, cheese, fish, seafood, and certain steel and aluminum products, while a 15% tariff will apply to a range of industrial and agricultural equipment.
The new tariffs will take effect on September 8 and will affect about 6% of the goods imported by Canada from the U.S. last year.
The Canadian government also announced a 7.5 billion Canadian dollar business support package. It includes financial assistance for small and medium-sized businesses, grants for companies affected by U.S. tariffs, and the expansion of employment insurance programs.
According to the publication, the retaliatory measures followed the breakdown of trade negotiations between the two countries.
“The U.S. proposed new terms that were not in Canada’s best interests, essentially demanding too much from Canada and offering too little in return,” Bloomberg reports.
Earlier, U.S. President Donald Trump called Canada’s leadership “clowns” and threatened the country with consequences if it continued its current policy toward Washington. He stated that the U.S. would no longer support Canada or allow it to “take advantage” of the partnership due to the policies of Prime Minister Mark Carney and Ontario Premier Doug Ford.
Prior to this, Trump announced that, effective January 1, 2027, tariffs on cars, trucks, auto parts, and steel from Canada would be raised to 50%. He accused Ottawa of imposing excessive tariffs on U.S. agricultural products and stated that Canadian manufacturers would be able to avoid the tariffs if they moved their production to the United States.