Canada Retaliates Against Trump’s Tariffs With Levies of Up to 50% on U.S. Goods

Canadian Prime Minister Mark Carney speaks at a press conference in Ottawa, Ontario, on Aug.

22, 2026, after trade talks with the U.S. collapsed. —Dave Chan––AFP/Getty Images Canada has imposed retaliatory tariffs of up to 50% on U.S. goods in response to President Donald Trump ’s sweeping tariffs and amid an escalating trade war between the neighboring allies.

Canada’s Finance Minister François-Philippe Champagne announced Tuesday that effective Sept.

8 the country “will match the United States tariffs dollar for dollar, rate for rate," by imposing counter tariffs of up to 15%, 25%, or 50% on near $20 billion U.S. imports.

“For each product, our tariff would match the American tariff on the same type of Canadian goods,” he said during a press conference alongside Canadian federal officials.

Read More: 'We Don't Need Canada': Trump Escalates Trade War Tensions between the U.S. and its northern neighbor have deepened after trade negotiations broke down over the weekend , with both sides blaming one another for last-minute changes.

A broad set of 50% tariffs affecting about $20 billion of Canadian exports to the U.S. came into effect Saturday, after which Prime Minister Mark Carney vowed to match them “dollar for dollar.” “Ultimately, the terms proposed by the U.S.

Administration were uneconomic, unfair, and ultimately unacceptable.

They asked too much of Canada and offered too little in return,” Champagne said.

The tariffs are set to target more than 700 U.S.-made products and, if matched against the U.S. tariffs on Canada, will include everyday purchases such as seafood, cheese, clothing, cosmetics, and toilet paper.

Canadian officials said the goal is not to raise revenue, but to protect Canadian companies and reduce reliance on U.S. imports.

“Canada's counter tariffs are designed primarily to provide protection for Canadian industry impacted by U.S. tariffs and allow them to compete against U.S. products in the Canadian market.

It's all about fairness.

It's all about level playing field.