Canada has said it will match new US tariffs “dollar for dollar” after a 50% levy on $20bn of Canadian imports came into force following the breakdown of trade talks.
The measure applies to Canadian imports affected by the new US tariff regime, raising the duty rate to 50%. The levy took effect after negotiations between the two countries failed at the last minute.
Canada’s response signals a direct retaliation to the US action, with officials saying the country will impose equivalent measures rather than absorb the impact of the new duties.
The collapse in talks marks a significant setback in efforts to resolve the trade dispute before the tariffs were implemented. The measures now create immediate consequences for cross-border trade involving the goods covered by the $20bn figure.
The latest known position is that the US levy is now in force and Canada has committed to matching the tariffs on a dollar-for-dollar basis. No further details were provided in the supplied material about which products are covered or whether further negotiations are planned.
