Canada Announces Retaliatory Tariffs After U.S. Imposes New Duties

Why it matters locally: South Dakota's key agricultural and manufacturing sectors could face significant impacts from these new tariffs, potentially affecting the export of goods to Canada and increasing costs for imported materials.

---

OTTAWA — Canada announced plans to impose retaliatory tariffs next month, hours after the United States implemented new duties on Canadian products. Prime Minister Mark Carney stated Canada will match the U.S. tariffs "dollar for dollar" starting September 8. The U.S. tariffs currently apply to $20 billion worth of Canadian goods.