Canada to impose $19.9bn in counter-tariffs on US goods
Canada will impose tariffs worth $19.9bn on US goods starting September 8, after trade talks with Washington broke down. Hundreds of product categories are affected.
Canada has announced a new round of counter-tariffs targeting United States goods worth a combined $19.9bn. The measures are set to take effect on September 8.
The move comes after trade negotiations between Ottawa and Washington collapsed. The two governments had been unable to reach agreement on terms governing bilateral trade, and talks ultimately broke down.
Broad scope of affected goods
The Canadian countermeasures cover hundreds of different categories of US-origin products. The exact list of affected goods has not been fully detailed, but the scale of the tariffs points to a significant response to prior US trade actions or decisions.
The step marks a notable escalation in relations between two of North America's closest trading partners. Canada and the US have long maintained extensive trade ties, and the new tariffs could affect businesses and consumers on both sides of the border.
It remains unclear how Washington will respond to Canada's decision, or whether efforts will be made to revive the collapsed talks before the tariffs take effect.
