Canada Retaliates with Broad Tariffs in Escalating US Trade Spat

Canada will impose retaliatory tariffs on about C$27.6 billion of US imports, ranging from 15% to 50% and taking effect at 12:01 a.m. local time, in response to a 50% US tariff on Canadian goods. The measures cover steel, dairy, appliances, farming equipment, pulp and paper, and electronics, with exemptions for goods already in transit. The move underscores a widening trade confrontation tied to cultural protections in Quebec and broader diplomatic tensions between Ottawa and Washington.