Global Security · Multiple sources
Canada strikes back at Trump with retaliatory tariffs as US trade war escalates
Canada on Tuesday announced retaliatory tariffs on C$27.6 billion ($19.94 billion) worth of US goods, including steel and dairy products, in a dollar-for-dollar response to President Donald Trump's punitive tariffs on Canadian products. Ottawa also announced a C$7.5 billion aid package for impacted Canadian businesses and workers as the trade war between the two countries escalated.
- Time span
- 25 Aug 2026, 16:29 CEST → 25 Aug 2026, 18:15 CEST
- Sources
- 3 sources
- Reports
- 3
- Trust
- strong · multi-source
Timeline
Canada has said it will impose new tariffs on US imports as a trade war between the neighbours heats up.
"We will support our workers, our businesses and our industries with whatever it takes, for as long as it takes," Canadian Finance Minister François-Philippe Champagne said on Tuesday. — not translated (source in a different language).
Canada on Tuesday announced retaliatory tariffs on C$27.6 billion ($19.94 billion) worth of US goods, including steel and dairy products, in a dollar-for-dollar response to President Donald Trump's punitive tariffs on Canadian products. Ottawa also announced a C$7.5 billion aid package for impacted Canadian businesses ...
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