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Canada announces 50% retaliatory tariffs on US goods in trade dispute

The tariffs target $20 billion worth of US goods and are meant to match US levies dollar for dollar, according to the Canadian announcement.

Reported · Written up by our desk · Trade & Tariffs

Canada has announced 50% retaliatory tariffs on hundreds of US import products as its trade dispute with the United States escalates.

Guardian Economics reports the measures follow Canada’s announcement of tariffs on $20 billion worth of US goods.

The move is positioned as a dollar-for-dollar response, reflecting Canada’s stated intent to match US tariffs, Guardian Economics adds.

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