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Canada counter-tariffs of up to 50% hit US goods
BBC News··8 Sept
Canada's retaliatory tariffs on US goods took effect Tuesday at rates as high as 50 percent, covering steel, furniture and apparel. Fresh fish and lobster were later omitted after seafood industry pushback. Talks with Washington collapsed in late August. Prime Minister Mark Carney said Canada still seeks a durable deal. US trade representative Jamieson Greer said Canada rejected the offer.
Prism
What It Means For You
- Canadian shoppers may see higher prices if retailers pass on new duties.
- US exporters of steel, furniture and apparel face the new Canadian levy schedule.
- Seafood was pulled from the list after domestic industry objections.
What's Happening
- Counter-tariffs covering nearly C$28 billion of US goods began on Tuesday.
- Rates rise as high as 50 percent on listed American products.
- No resumed talks have been reported since late-August collapse.
The Bilateral Stakes
- Canada-US bilateral trade was valued at nearly $900 billion in 2025, BBC reported.
- Carney said Canada wants a durable deal in both countries' interests.
- Greer told Fox News Canada turned away what he called the best deal.
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