27-August-2026
Corporate News
 
Canada announces $20 billion retaliatory tariffs on US goods, unveils support measures
26-Aug-2026

Canada on Tuesday announced retaliatory tariffs on C$27.6 billion ($19.94 billion) worth of United States goods, matching dollar-for-dollar new duties imposed by Washington, and unveiled financial support for Canadian businesses and workers caught in the escalating trade war. The counter-tariffs take effect on U.S. goods from September 8 and will impose duties of 15%, 25% and 50% across 700 products imported from south of the border, a government statement said.

News Source:- https://economictimes.indiatimes.com/news/international/world-news/canada-announces-20-bln-retaliatory-tariffs-on-us-goods-unveils-support-measures/articleshow/133516373.cms