Canada announces counter-tariffs on $27.6B of U.S. goods

Today I'm announcing that Canada will match the United States tariffs dollar for dollar, rate for rate. Effective September 8th, Canada will impose counter tariffs of up to 15, 25 or 50 percent on $27.6 billion in imports from the United States. For each product, our tariff will match the American tariff on the same type of Canadian good. Our objective is to protect the workers, producers and Canadian manufacturers. As we see here this morning, we will place Canadian products in a better competitive position in the Canadian market. Our response will target products in the steel and aluminum, consumer goods, pulp and paper and electronics, agricultural equipment, pulp and paper and electronics. Our existing counter tariffs, including those on automobiles, will remain in place. Canada's remission framework will also remain available to mitigate unintended consequences for Canadian businesses. Canada's tariffs are designed primarily to provide protection for Canadian industry impacted by US tariffs and allow them to compete against US products in the Canadian market. It's all about fairness, it's all about level playing field, it's all about supporting Canadian workers and Canadian businesses. Our response will target products in the steel and aluminum, consumer goods, pulp and paper and electronics, agricultural equipment, pulp and paper and electronics. Our existing counter tariffs, including those on automobiles, will remain in place. Canada's remission framework will also remain available to mitigate unintended consequences for Canadian businesses. Canada's tariffs are designed primarily to provide protection for Canadian industry impacted by US tariffs and allow them to compete against US products in the Canadian market. It's all about fairness, it's all about level playing field, it's all about supporting Canadian workers and Canadian businesses.