Canada has announced counter-tariffs on US goods ranging between 15 and 50 percent, intensifying the trade war between the historically close allies. The retaliation will take effect September 8, a timeframe earlier outlined by Prime Minister Mark Carney after US President Donald Trump's 50-percent duties came into place Saturday. Canadian officials said the retaliatory tariffs will match US levels, with impacts on industries including steel, dairy, and electronics. The government also announced a $5.4 billion (CA$7.5 billion) aid package for impacted firms and workers, with Finance Minister Francois-Philippe Champagne stating that Canada must respond in a proportionate, targeted, and strategic way.
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