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Canada’s counter-tariffs against US goods take effect with no deal in sight
The retaliatory tariffs cover nearly C$28 billion of US products, with rates as high as 50% as the two sides remain at an impasse after talks collapsed in late August.
Canada’s retaliatory tariffs on a range of US goods took effect on Tuesday, with no visible trade agreement to end the confrontation between the two countries, BBC Business reported.
The counter-tariffs apply to nearly C$28 billion (about $20 billion, or £15 billion) of American products, spanning items from steel to furniture and cotton T-shirts, and the rates are as high as 50%. The list initially included fresh fish and lobster, but Canada later omitted them after pushback from its seafood industry.
Prime Minister Mark Carney said Canada is still seeking a durable deal with the United States, adding that Canada is ready to resume talks when the Americans are ready. BBC Business also noted that US trade representative Jamieson Greer said the ball is in Canada’s court after the two sides’ talks collapsed in late August.
The story said Trump has previously threatened additional economic action, including a demand that Bombardier move manufacturing south or face halted US business with Canada-based operations. The BBC Business report added that Canada and the US have the world’s largest bilateral trading relationship, valued at nearly $900 billion in 2025, and that companies are now adjusting to the new tariff actions.