Retaliatory tariffs imposed by Canada on the United States took effect at 12:01 a.m. on Tuesday in the latest escalation of the trade war between the two countries. Canada’s tariffs were in response to the decision by President Donald Trump on Aug. 22 to impose a 50% tariff on Canadian goods after negotiations between the countries broke down a day earlier.
Canada’s tariffs will hit $27.6 billion in products imported from the U.S., including agricultural equipment, aluminum, appliances, dairy, electronics, paper, plastics, pulp, and steel. The tariff cost will vary by product, ranging from 15% to 50%, according to reports. Items such as forklifts and industrial molds will have a 15% tariff, while appliances such as air conditioners and stoves, along with cheese imported from the U.S., will be subject to a 25% tariff. Products such as aluminum, fishing rods, golf clubs, perfume, milk, and video game consoles will receive a 50% tariff.
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