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Originally published by Nation Businessbusiness
August 23, 2026
5h ago
Canada to retaliate for US tariffs, worsening ties after talks fail
The "dollar for dollar" tariffs βon imports of US steel, electronics and other products, to take effect on September 8...
β¨ Key Highlights
Canada will impose retaliatory tariffs on US goods worth $20 billion starting September 8, following the collapse of trade talks and new 50 per cent levies by President Donald Trump on Canadian products.
- Canada's tariffs will match the US "dollar for dollar" on imports of steel, electronics, dairy, and other products.
- Prime Minister Mark Carney stated Canada "got attacked" and is acting to protect its workers, farmers, and businesses.
- The breakdown complicates the future of the US-Mexico-Canada free-trade pact, with US Trade Representative Jamieson Greer indicating no new talks are planned with Canada.
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