Ottawa, August 25, 2026 (Yes Punjab News)
Canada on Tuesday announced counter-tariffs of up to 50 per cent on US goods worth $27.6 billion, matching new US duties imposed on Canadian products after Ottawa suspended trade negotiations with Washington.
The Canadian government said the counter-tariffs will take effect from September 8 and will apply at rates of 15, 25 and 50 per cent, matching the corresponding US rates on products targeted under US Section 338 and Section 232 tariffs.
The measures will cover sectors including steel, dairy, appliances, agricultural equipment, pulp and paper, electronics and other products. Goods subject to the 50 per cent Canadian tariff include steel and aluminium products that were previously subject to a 25 per cent counter-tariff, as well as furniture and clothing and apparel. Appliances, dairy products, fish and seafood and certain steel and aluminium derivatives will face a 25 per cent tariff. Existing Canadian counter-tariffs, including those on automobiles, will remain in place.
Finance and National Revenue Minister François-Philippe Champagne said Canada had chosen to respond after the US sought terms that Ottawa considered unacceptable.
“When the United States asked too much and offered too little, we chose to stand up for Canadians,” Champagne said.
Canada said it had suspended intensive trade negotiations after Washington proposed new terms that it believed were not in the country’s national interest. Ottawa said accepting those terms could have harmed Canadian workers, businesses and strategic sectors.
Alongside the tariffs, the Canadian government announced a new $7.5 billion package of measures to support workers and businesses affected by the trade dispute. The package includes $1.5 billion in additional support for small and medium-sized enterprises, a $500 million liquidity facility, and $2 billion for the Canada Strong Diversification Fund.
The government is also providing $3.5 billion in rapid-response support for workers and employers, including income assistance, training and measures to help businesses retain employees.
Canada and the United States have deeply integrated supply chains spanning automobiles, agriculture, energy, steel and aluminium. The latest tariff measures are therefore likely to affect businesses and consumers on both sides of the border.
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