Canada's Trade War Retaliation: $27.6B in Counter-Tariffs and Diplomatic Clash with Trump

Canada fired its biggest trade-war shot yet, announcing C$27.6 billion in retaliatory tariffs on over 700 American products — steel, furniture, clothing, seafood, dairy — with duties hitting as high as 50 percent starting September 8. The tariffs are a "dollar-for-dollar" match to Washington's Section 338 duties imposed on Canadian goods after trade talks collapsed last week.

Background

Relations between Ottawa and Washington have deteriorated sharply since late...