Canada Hits Back With Up to 50% Tariffs on $27.6B U.S. Goods

Canada imposed retaliatory tariffs totaling $27.6 billion on U.S. goods, with rates from 15% to 50% on items including dairy, agricultural equipment, paper, appliances and electronics, and doubled duties to 50% on steel, aluminum and iron. The move, waving a dollar-for-dollar response to U.S. levies, follows failed trade talks and heightens tensions between the allies. While the impact will stress small- to mid-sized exporters, Ottawa has unveiled additional support for workers and firms to cushion the blow amid ongoing tariff battles.