Politics
Canada announces ‘dollar for dollar, rate for rate’ retaliatory tariffs on US
The Hill·August 25, 2026·1 min read
Canada announced retaliatory tariffs on hundreds of American products, with rates as high as 50 percent, effective Sept. 8. Finance Minister François-Philippe Champagne said Canada will match U.S. tariffs "dollar for dollar, rate for rate." The move follows the collapse of negotiations between the two countries.
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