No talks scheduled as Canada's counter-tariffs against U.S. set to take effect at 12:01 a.m.
Ottawa says the duties on hundreds of U.S. goods are a dollar-for-dollar response to $27.6 billion in American tariffs.
- On Tuesday, Canada will implement retaliatory tariffs on $27.6 billion of U.S. goods, ranging from 15% to 50%, in response to President Donald Trump's earlier Section 338 duties on Canadian exports.
- Negotiations stalled on August 21 after Prime Minister Mark Carney paused trade talks with the U.S., prompting Trump's 50% tariffs on nearly $28 billion of Canadian goods under Section 338 of the Tariff Act of 1930.
- University of Calgary economist Trevor Tombe estimates the combined U.S. and Canadian tariffs put 87,000 Canadian jobs at risk, while Canada's levies specifically target products mirroring U.S. items at rates of 15%, 25%, and 50%.
- Commerce Secretary Howard Lutnick accused Carney of seeking 'political leverage,' while Treasury Secretary Scott Bessent compared Canada to a 'little yippy dog' on Fox News; no new meetings are scheduled to resume talks.
- Trump threatened to raise auto and auto-parts tariffs to 50% effective January 1, a move analysts warn could escalate the trade war and inflict significant economic pain on both nations.
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31 Articles
South China Morning Post
Canada set to hit back at Trump tariffs, risking wider trade war
Canada is poised to impose tariffs of 15 per cent to 50 per cent on hundreds of products from the US on Tuesday, as Prime Minister Mark Carney bets that standing up to US President Donald Trump will eventually help Ottawa’s negotiating position with its biggest trading partner. Barring a last-minute reprieve, Carney’s government will increase the import tax on many US steel items to 50 per cent from 25 per cent and apply tariffs to a range of co…
As hours tick down to Canada's counter-tariffs against U.S., PMO says no talks are scheduled
Just hours before Canada is set to hit the U.S. with counter-tariffs on $27.6 billion worth of goods, the two sides have no plans to negotiate a last-minute deal, the Prime Minister's Office confirmed to CBC News.
Canada Set to Hit at Trump Tariffs, Risking Wider Trade War
Canada is poised to impose tariffs of 15% to 50% on hundreds of products from the US on Tuesday, as Prime Minister Mark Carney bets that standing up to President Donald Trump will eventually help Ottawa’s negotiating position with its biggest trading partner.
Canada's Retaliatory Tariffs Due to Kick in at Midnight
Canada is about to hit the gas in its trade fight with Washington. Just after midnight Eastern on Tuesday, Ottawa's new tariffs on roughly $20 billion in US goods are set to kick in, answering President Trump's earlier move to slap steep duties on Canadian exports, including steel, aluminum, and...
TVA Nouvelles
Le Journal de MontrealCanadian counter-tariffs on U.S. products, ranging from 15% to 50%, will take effect at 00:01 am Tuesday morning.
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