Canada's $27.6B Counter-Tariff Strike Escalates Trade War, Sparks Provincial Divide

Canada's federal government fired a $27.6 billion tariff salvo at the United States on Tuesday, announcing dollar-for-dollar counter-tariffs effective September 8. Finance Minister François-Philippe Champagne unveiled the measures, imposing 15%, 25%, and 50% duties on over 700 U.S. products—from steel and aluminum to dairy, clothing, and toilet paper. The retaliation follows the collapse of trade talks and the implementation of U.S. Section 338 tariffs on Canadian...