Canada Imposes Retaliatory Tariffs on US Imports Following Trade Dispute

Ottawa: Canadian Prime Minister Mark Carney announced that Canada will impose tariffs on certain US imports in response to new 50 percent tariffs imposed by US President Donald Trump, following the collapse of trade talks between the two neighbouring countries.

According to Emirates News Agency, the new US tariffs target a wide range of sectors, including furniture, dairy products, cement, clothing, fishing equipment, and hockey gear, covering around US$20 billion worth of Canadian exports across the southern border.

Carney stated at a press conference that Canada would respond to Washington's new tariffs on a dollar-for-dollar basis to protect Canadian workers, farmers, families, and businesses. He emphasized the importance of safeguarding the Canadian economy amidst the escalating trade tensions.

He added that Canada would announce support measures for sectors affected by the new US tariffs, alongside the introduction of new tariffs on imports from the United States. This strategic move aims to mitigate the impact on Canadian industries and maintain economic stability amid the ongoing trade conflict.

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