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At close · Fri, Aug 14, 2026
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HomeGlobal MarketsTrade & TariffsCanada to impose dollar-for-dollar tariffs on U.S. goo…

Canada to impose dollar-for-dollar tariffs on U.S. goods

The tariffs were announced after trade talks between the two countries broke down.

Canada Prime Minister Mark Carney announced that Canada will impose dollar-for-dollar tariffs on U.S. goods.

The action is framed as a retaliatory measure following the breakdown of trade talks between the two nations, according to MarketWatch.

Carney said the tariffs would match U.S. measures dollar for dollar, signaling an escalation in the trade dispute.

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