September 8, 2026

Canada Implements Tariffs on $20 Billion in U.S. Goods Amid Ongoing Trade Tensions

Canada's retaliatory tariffs on approximately $20 billion worth of U.S. goods took effect, with rates ranging from 15% to 50% on products including steel, furniture, and cotton T-shirts.
Prime Minister Mark Carney emphasized Canada's desire for a durable trade deal with the U.S., stating they are ready to negotiate when the U.S. is prepared.
In response to industry pushback, Canada removed fresh fish and lobster from the list of tariffed goods, highlighting the challenges of balancing retaliation with domestic economic interests.

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