Canada announced retaliatory tariffs of 15% to 50% on a range of U.S. goods Tuesday, escalating a trade dispute between the longtime North American allies.
Ottawa's retaliation will take effect Sept. 8, a timeframe earlier outlined by Prime Minister Mark Carney after U.S. President Donald Trump's 50% duties came into place Saturday.
Canadian officials said Tuesday that the retaliatory tariffs will match U.S. levels, with impacts on industries including steel, dairy and electronics.
Canada's government also announced a $5.4 billion (CA$7.5 billion) aid package for impacted firms and workers.
"This is an unprecedented challenge imposed on Canada. But Canada will meet the moment," Finance Minister Francois-Philippe Champagne said.
