Canada has announced counter-tariffs as high as 50 per cent on a range of US goods in retaliation to the latest wave of levies on Canadian imports imposed by President Donald Trump last weekend.
The Canadian tariffs will apply to nearly US$20-billion worth of American products, ranging from steel to furniture, fresh tuna and cotton T-shirts, officials announced on Tuesday.
The list of targeted products is designed to match Canadian goods hit by the US.
The Canadian levies are set to come into effect on 8 September. It is the latest escalation after US-Canada trade talks collapsed late last week, with each side accusing the other of making last-minute demands that were unreasonable.
Finance Minister François-Philippe Champagne said that Canada's retaliation was in response to 50 per cent tariffs imposed by the Trump administration on a range of Canadian goods after trade talks fell apart on Friday.
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