Five Days to D-Day: Canada Locks In Counter-Tariffs as Trade Surplus Craters and the Battle Lines Solidify

Finance Minister François-Philippe Champagne confirmed Wednesday that Canada's $27.6 billion counter-tariffs on U.S. goods will take effect Monday, September 8, describing the measures as "measured, targeted and strategic." There is no walk-back coming. The levies — including a doubling of steel and aluminum tariffs from 25% to 50% — represent Ottawa's most aggressive trade retaliation since the October 1930s, when two rounds...