Canada imposes 15% to 50% tariffs on more than 700 U.S. goods in trade dispute

Canada has announced retaliatory tariffs of 15% to 50% on more than 700 U.S. products, escalating the trade fight after the Trump administration imposed new duties on Canadian goods. The Canadian measures, set to take effect on September 8, target major sectors including steel and aluminum, dairy, appliances, agricultural equipment, paper, plastics, and electronics, and are meant to match the value of the U.S. tariffs. The move raises pressure on businesses and consumers in both countries and underscores the strain on a long-standing trade relationship. At the same time, Washington is reportedly considering additional penalties against Canada, suggesting the dispute could deepen further.