
Canada Imposes Up to 50 Percent Retaliatory Tariffs on U.S. Goods
The Canadian government has announced targeted retaliatory tariffs of up to 50 percent on select American imports in response to recent U.S. trade measures. Ottawa described the policy as a strategic, dollar-for-dollar countermeasure to protect domestic industries.
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Canada announces 'dollar-for-dollar' retaliatory tariffs on US as high as 50%
The latest escalation in an ongoing trade war between the US and Canada will see new levies on goods from steel to furniture, fresh tuna and makeup.
Read full article →Canada's 'targeted' and 'strategic' retaliation against US tariffs
On Tuesday, Ottawa detailed its measures against Washington in response to the new US tariffs. Caught between taking a firm stance and the need to protect its economy, Canada is trying to strike the right balance.
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