Canada Strikes Back With Counter-Tariffs, Risking a Broader Trade Fight
Canada plans to slap 15% to 50% tariffs on hundreds of US goods—including steel items, motorcycles, cosmetics, and cheese—starting Tuesday, as Prime Minister Carney seeks to pressure Washington to restart talks after a collapse of a broader deal. The move targets US exporters and could hit battleground states like Michigan and Ohio, signaling a deeper US‑Canada trade clash. Washington has warned against retaliation and floated possible further actions, while analysts estimate the combined effect of Canadian counter-tariffs and US protections could shave roughly 0.3% from Canada’s output. Public opinion polls show broad support for Carney’s stance, and both sides have signaled a willingness to negotiate, but a durable agreement remains uncertain and timing unclear.