Published Aug 25, 2026, 7:27 AM ET · Updated 3 months ago · 1 source
Canada implements retaliatory tariffs against the US
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Original Report
Canada's Prime Minister Mark Carney announced dollar-for-dollar retaliatory tariffs against the US, doubling existing counter-tariffs on steel and aluminum to 50% and imposing new 50% duties on American milk, furniture, clothing, video-game consoles, smartphones, and other electronics, affecting $20 billion worth of annual US exports.