Canada announces dollar-for-dollar tariffs on $27.6 billion of U.S. imports
The federal government is moving ahead with dollar-for-dollar counter-tariffs on a wide range of American products, including makeup, smartphones and kitchen appliances, in response to U.S. tariffs on Canadian goods.
The new measures will apply to approximately $27.6 billion worth of U.S. imports, covering about 700 products. Tariff rates will vary between 15, 25 and 50 per cent, depending on the product.
The counter-tariffs will take effect September 8.
The federal government said the list does not include energy-related products.
The announcement was made in Ottawa on Tuesday by Finance Minister François-Philippe Champagne, Industry Minister Mélanie Joly, Jobs and Families Minister Patty Hajdu and Evan Solomon, the minister responsible for the Federal Economic Development Agency for Southern Ontario.
Alongside the tariffs, Ottawa announced measures aimed at supporting Canadian workers and businesses affected by the escalating trade dispute. The supports include temporary changes to Employment Insurance to provide additional assistance to workers facing job losses or reduced employment.
The federal government says the measures are intended to protect Canadian businesses and workers while responding directly to the economic impact of U.S. tariffs.