You are about to be charged £0.00
Canada has imposed new tariffs on the US in retaliation against Donald Trump as the trade war between the two nations continues.
Canada unveiled the retaliatory move, with tariffs reaching as high as 50 per cent on nearly $28billion (around £15billion) worth of American goods.
The counter-tariffs, announced today, cover more than 700 US products spanning steel, aluminium, appliances, clothing, seafood and dairy, and are scheduled to come into force on September 8.
Ottawa's measures are a direct response to the 50 per cent duties Donald Trump slapped on a broad range of Canadian exports last weekend after bilateral trade negotiations collapsed on Friday.
The levies range from 15 per cent and 50 per cent, with the steepest rates reserved for American steel and aluminium — effectively doubling existing duties on those metals.
Finance Minister François-Philippe Champagne described Ottawa's response as both "proportionate" and "strategic," declaring the tariffs as a necessary act of economic self-defence.
"Those tariffs will have real consequences for Canadian workers, businesses and communities across our nation," he said. "Canada must respond."
The targeted product list was deliberately constructed to mirror the Canadian goods affected by Washington's levies, matching them on a "dollar-for-dollar" basis.
Mr Carney warned Canada would issue retaliatory tariffs, going 'dollar for dollar' with the US
| REUTERSAt a press conference this morning, Mr Champagne said: "When the United States of America asked too much and offered too little, we made a choice. We chose Canada."
The duties on metals and wood products were specifically selected to answer previously imposed American tariffs on steel, aluminium, lumber and related goods.
Alongside the tariffs, Ottawa announced a $7.5billion support package aimed at cushioning the blow for Canadian workers and businesses caught in the crossfire of the escalating trade war.
The programme will provide affected companies with access to loans and financing arrangements designed to keep them operational and limit job losses.
LATEST ON THE NORTH AMERICAN TRADE WAR:
Donald Trump accused Canada of 'ripping off' the US
| GETTYWorkers hit by the fallout will also benefit from greater flexibility when applying for employment insurance, offering a safety net as supply chains built up over decades face mounting cost pressures.
The combined effect of tariffs imposed by both Washington and Ottawa is expected to drive up prices for consumers and squeeze businesses of all sizes on either side of the border.
Meanwhile, trading costs rise sharply across long-established North American commercial networks.
The US President is yet to directly respond by Canada's retaliatory tariffs.
However, he took to Truth Social to launch criticism against his northern neighbour, accusing Canada of "ripping off" the US for decades and imposing excessive tariffs on American farmers.
"I deal with many countries, and Canada is easily the most difficult and unreasonable," Mr Trump said. "They feel entitled, but they are not a State, and will be entitled no longer!"
Mr Trump also floated renaming Lake Ontario — one of the Great Lakes straddling the border — as "Lake America", adding: "We don't expect to doing much business with Ontario any longer."
At the same time, he further accused Prime Minister Mark Carney of lying "to gain political support".