World
Canada’s retaliatory tariffs on $20bn of US goods take effect
Trade tensions soar as Canada matches US tariffs 'dollar-for-dollar', impacting 700 products and multiple industries.
Al Jazeera•
Canada’s retaliatory tariffs on imports from the United States have taken effect, escalating the trade dispute between the two countries.
Tariffs ranging from 15 percent to 50 percent will apply to nearly $20bn worth of US imports from 12:01am ET (04:01 GMT) on Tuesday, matching US-imposed levies on Canadian goods including machinery, textiles and consumer products.
The new retaliatory tariffs apply to products including steel, household appliances, agricultural equipment and dairy.
“Canada wants the benefits of being a State, without being one!!!” Trump posted on Truth Social in response to Canada’s announcement in August.