Canada retaliates with tariffs as US escalates trade war

In response to escalating trade tensions, Canada has implemented retaliatory tariffs on US goods worth nearly C$28 billion. This decision follows the collapse of trade talks in late August 2026. The tariffs, which can reach up to 50%, affect a variety of products, while the US has announced a ban on certain Canadian imports, including alcohol and dairy, set to take effect on September 29, 2026. The trade relationship between the two countries is now significantly strained.