Canada Announces Retaliatory Tariffs Against US

Canada has announced a fresh round of retaliatory tariffs against the United States following US President Donald Trump’s decision to impose tariffs of up to 50%. The Canadian government said it would introduce a 20% tariff on selected US goods as part of its response to Washington’s trade measures. The move signals growing friction between the two North American trading partners.

Canada has also announced that tariffs on US steel products will be raised from the existing 25% to 50%. The decision is expected to put additional pressure on bilateral trade and industries on both sides of the border. The latest measures could further escalate the ongoing tariff dispute between Canada and the US, with businesses and consumers potentially facing higher costs.