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Canada's retaliatory tariffs worth $27.6 billion take effect as trade rift with U.S. deepens

CNBC Economy·September 8, 2026·1 min read
Canada's retaliatory tariffs worth $27.6 billion take effect as trade rift with U.S. deepens

Canada's retaliatory tariffs on U.S. steel and aluminum doubled to 50%, effective Tuesday, targeting $27.6 billion in goods. The move deepens the trade rift with Washington, with duties now in place as tensions escalate between the two nations over trade policy.

Read at CNBC Economy
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