Canada imposes counter-tariffs on several US goods
AI Summary
Canada announced counter-tariffs on several US goods effective September 8, 2026, in retaliation to the US imposing a 50% tariff on $27.6 billion worth of Canadian goods starting August 22. These tit-for-tat tariff measures escalate trade tensions between the two countries under Section 338 of US trade laws.
Canada will impose counter-tariffs on several US goods from 8 September 2026, according to the Department of Finance Canada. The measures respond to the United States’ decision to introduce a 50% tariff on $27.6 billion of Canadian goods from 22 August. Canada said it would match the US Section 338 tariffs dollar for dollar. Tariffs […] The post Canada imposes counter-tariffs on several US goods appeared first on Container News.
World Politics Markets Commodities Canada United States counter-tariffs trade sanctions Section 338 tariffs trade tension