Macro Finance
Canada's retaliatory tariffs worth CA$27.6 billion take effect as trade rift with U.S. deepens
CNBC Economy·September 8, 2026·1 min read
Canada doubled duties on U.S. steel and aluminum imports to 50%, effective immediately, as the trade rift between Washington and Ottawa intensifies. The tariffs are worth CA$27.6 billion and mark a significant escalation in the ongoing trade dispute between the two countries.
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