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1:22:31Now PlayingCanada retaliatory tariffs of $20B declared as Trump trade war escalates: Full Canadian response
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August 25, 2026
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1:22:31Now PlayingCanada announced retaliatory tariffs on $20 billion worth of U.S. imports, aiming to match President Donald Trump’s tariffs "dollar for dollar."
The action marks an escalation in the growing trade war between the two countries, after talks collapsed last week and Trump imposed 50% tariffs Aug. 22 on about 5% of Canadian imports. The Canadian duties take effect Sept. 8 and range from 15% to 50% on 700 products.
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