Canada to slap 25-50% counter-tariffs on $27.6 billion of U.S. imports
Canada will impose 25-50% counter-tariffs on a broad range of U.S. goods starting Sept. 8, covering about $27.6 billion in trade after talks collapsed.
Following the breakdown of bilateral trade talks, Canada’s federal government will levy counter-tariffs ranging from 25 percent to 50 percent on a wide array of U.S. imports beginning Sept. 8, targeting roughly $27.6 billion of goods. The highest rates apply to iron, steel and aluminum products, large kitchen appliances, paper items such as writing paper and toilet paper, and home-furnishing goods, while 25 percent duties affect air-conditioning units, certain hand tools, and motorcycles.
Major manufacturers likely to be affected include Whirlpool (owner of KitchenAid), Cutco, John Deere, Harley-Davidson and General Motors. The move follows the implementation of 50 percent U.S. levies announced by Donald Trump earlier this week. P&G’s CEO Jon Moeller has previously cited tariffs among the factors driving price increases for its brands.
Why it matters
Canadian shoppers may face higher prices on everyday items as the new tariffs raise costs for many U.S.-made products.
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