Canada fires back with CA$27.6B in counter-tariffs on US goods
Canada’s retaliatory tariffs on CA$27.6 billion worth of US goods took effect at midnight on September 8, escalating the bilateral trade conflict and adding fresh pressure to an already fragile Canadian housing market.
The counter-tariffs, ranging from 15% to 50%, cover more than 700 American products, including dairy, softwood lumber, steel, aluminum, furniture, and beauty items.
Canadian duties on US steel, aluminum, and iron products were doubled to 50%, up from the existing 25% rate, matching the levies Washington imposed on roughly CA$20 billion of Canadian goods on August 22, after trade talks collapsed.
