Starting September 8, Canada plans to levy 15% to 50% tariffs on US goods worth about 20 billion US dollars, escalating the trade dispute with the US government. Taxes include steel, aluminum, motorcycles, household appliances and food, and tariffs on metal products have been doubled to 50%. At the same time, the Ottawa side announced that it will provide 7.5 billion Canadian dollars in support funds to affected enterprises and workers. This retaliatory levy stemmed from the US imposing a new 50% tariff on imported Canadian goods after trade negotiations broke down.

Zhitongcaijing · 4d ago
Starting September 8, Canada plans to levy 15% to 50% tariffs on US goods worth about 20 billion US dollars, escalating the trade dispute with the US government. Taxes include steel, aluminum, motorcycles, household appliances and food, and tariffs on metal products have been doubled to 50%. At the same time, the Ottawa side announced that it will provide 7.5 billion Canadian dollars in support funds to affected enterprises and workers. This retaliatory levy stemmed from the US imposing a new 50% tariff on imported Canadian goods after trade negotiations broke down.