THE WIRE · UPDATED 9:00 PM MDT No story is too small.
NewsKingston

Canada to impose $27.6 billion in retaliatory tariffs on U.S. imports

AI-written from public sources Written by Utah News AI and quality-checked before publishing.
Canada to impose $27.6 billion in retaliatory tariffs on U.S. imports
Photo via Utah News Staff
Canada will implement counter-tariffs on $27.6 billion of U.S. imports starting September 8. The move includes tariffs of 15, 25, and 50 percent targeting various sectors including steel, dairy, and electronics.

Key takeaways

  • Canada will impose 15, 25, and 50 percent counter-tariffs on $27.6 billion of U.S. imports starting Sept. 8.
  • The tariffs target sectors such as dairy, steel, electronics, and agricultural equipment.
  • The decision follows the collapse of recent trade talks between Canada and the United States.
  • Federal officials in Ottawa announced the plan to respond to U.S. President Donald Trump's tariffs.

Canada will impose counter-tariffs on $27.6 billion in imports from the United States beginning at 12:01 a.m. on Tuesday, Sept. 8, according to a Global News report published August 25. The move includes tariffs of 15, 25, and 50 percent on products targeted by U.S. Section 338 and Section 232 tariffs.

The federal government revealed the details of its response to 50 percent tariffs imposed by U.S. President Donald Trump. Industry Minister Mélanie Joly urged citizens to buy Canadian, stating that while Canada cannot control decisions made in Washington, it can control what is built at home.

In Ottawa on Tuesday, Industry Minister Mélanie Joly, Finance Minister François-Philippe Champagne, Jobs Minister Patty Hajdu, and Artificial Intelligence Minister Evan Solomon gathered to reveal the details of the plan. The announcement follows the collapse of trade talks between the two nations late Friday night, after which Prime Minister Mark Carney stated Ottawa would retaliate with dollar-for-dollar tariffs.

The targeted sectors include steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics. Specific products subject to 15 percent tariffs include hand tools, air conditioning machines, and certain types of truck heaters and forklifts. The 25 percent tariff category covers items such as ornamental fish, certain types of saws, and industrial machinery parts.

The 50 percent tariffs will apply to goods such as fish flours, milk and cream, certain beauty and make-up preparations, and various paper and paperboard products.

The escalation in the trade war comes after trade talks between the neighboring countries failed. The retaliatory measures aim to respond to the tariffs imposed by the United States.

Article details

CategoryNews
CityKingston
ToneNeutral
SourceAI Generated