Ottawa: Canada is set to hit back. Starting early Tuesday, new tariffs will slap extra costs on a wide range of American goods entering the country, marking the latest escalation in a deepening trade dispute between the two neighbours.
The Canadian finance ministry confirmed the move after being asked by news agencies. Just after midnight on 8 September, duties of up to 50 percent will kick in on US imports worth about 27.6 billion Canadian dollars (17.2 billion euros). The list includes steel and aluminium products, home appliances, farm equipment, pulp and paper, and electronics, as reported by oe24.
The step follows failed trade talks between Washington and Ottawa. In August, the United States imposed its own 50 percent tariffs on roughly 20 billion US dollars’ worth of Canadian goods about 17.2 billion euros targeting items such as hockey sticks, furniture, honey, and wine. Now Canada is answering in kind.
The back-and-forth raises fears of a wider economic chill. For businesses and consumers on both sides of the border, higher prices and strained supply chains could soon become part of daily life. What began as a policy disagreement now risks turning into a prolonged standoff, with each side digging in and ordinary people left to pay the bill.
