Canada is responding to new US duties with reciprocal tariffs on C$27.6 billion of American imports starting September 8.
Key facts
- •Canada will apply counter tariffs of up to 50% on C$27.6 billion of US imports starting September 8.
- •The US previously implemented 50% duties on C$28 billion of Canadian goods following failed trade talks.
- •Canada announced a C$7.5 billion aid package for domestic workers and businesses impacted by the tariffs.
- •President Donald Trump threatened to raise tariffs on Canadian vehicles and steel to 50% beginning January 1, 2027.
- •Minister François-Philippe Champagne described the US trade terms as uneconomic and unfair.
Canada has announced a series of counter tariffs on US goods in response to new duties imposed by Washington. Finance Minister François-Philippe Champagne stated that Canada would match the US levies dollar for dollar and rate for rate, effective September 8. The move follows the breakdown of trade negotiations between the two nations.
By the numbers
Tariff Details and Economic Aid
The Canadian government will impose tariffs of 15%, 25%, or 50% on C$27.6 billion worth of imports from the United States. This action follows the implementation of 50% US duties on approximately C$28 billion of Canadian goods that took effect on Saturday. Alongside the counter tariffs, Minister Champagne announced a C$7.5 billion aid package intended to support Canadian workers and businesses affected by the trade dispute.
Escalating Trade Tensions
Minister Champagne characterized the US-proposed trade terms as unacceptable and stated that Canada was forced to abandon negotiations. Meanwhile, US President Donald Trump has threatened to increase tariffs on Canadian vehicles, trucks, and automotive parts to 50% starting January 1, 2027. President Trump accused Canada of unfair trade practices, while current US tariffs on non-US automotive content remain at 25%.
Timeline
- SaturdayUS duties of 50% on C$28 billion of Canadian goods took effect.
- MondayPresident Donald Trump threatened to increase tariffs on Canadian vehicles to 50% by 2027.
- TuesdayFinance Minister François-Philippe Champagne announced Canada's counter tariffs.
- September 8Canada's counter tariffs on US goods are scheduled to take effect.
- January 1, 2027Proposed date for increased US tariffs on Canadian automotive products.
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This article was independently rewritten by ManyPress editorial AI from reporting originally published by Euronews.
