Canada to impose retaliatory tariffs on US steel, electronics, other products, Carney says
Summary
Canada will impose retaliatory tariffs on US steel, electronics and other imports starting September 8 after talks with Washington failed to produce a trade deal. Prime Minister Mark Carney said the measures are meant to protect Canadian workers and businesses from President Donald Trump’s new 50% tariffs.
Key Points
- Canada will impose tariffs on US steel, electronics, dairy, appliances, agricultural equipment, pulp and paper in response to new US tariffs.
- Prime Minister Mark Carney said the US administration’s last-minute demands derailed a trade deal and called the terms unfair and uneconomic.
- The retaliatory move comes amid tensions over the US-Mexico-Canada Agreement and concern over damage to Canadian industries and jobs.
- Ontario Premier Doug Ford and opposition leader Pierre Poilievre backed Canada’s response to the tariffs.
