Canada has said it will implement 50% retaliatory tariffs on $20bn worth of US goods, following through on Prime Minister Mark Carney’s vow to match Donald Trump’s duties “dollar for dollar”.
Trade tensions escalate
Tensions between Canada and the US have ramped up in recent days as the two countries exchange escalating trade measures.
The announcement marks a significant escalation in the ongoing trade dispute, with Ottawa moving to counter Washington’s tariffs with equivalent duties on American imports.
—
Carney's dollar-for-dollar pledge
Prime Minister Mark Carney had previously pledged to respond to US tariffs in kind, and the new measures deliver on that commitment.
The 50% tariff rate applies to a broad range of US goods, though specific product categories have not yet been detailed.
