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Carney Matches Trump Tariffs With 50% Tax on US Dairy, Steel
Posted
August 26, 2026
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1:41Now PlayingPrime Minister Mark Carney announced new support programs for Canadian businesses hurt by the escalating trade war with the US and matched the new tariffs imposed by President Donald Trump. #canada #trump #tariffs #usa #news #politics
Canada will double its existing counter-tariffs on US steel and aluminum products to 50% and apply new duties to other US products, affecting $20 billion worth of annual US exports to Canada.
The Carney government unveiled a C$7.5 billion package of support measures for Canadian businesses, including liquidity support, grants, and employment insurance programs, and urged consumers to buy Canadian-made products.
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