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

Why it matters locally: North Dakota, a border state with significant trade ties to Canada, could see impacts on agricultural exports and other cross-border commerce due to these new tariffs. Businesses reliant on trade with Canada may experience increased costs or reduced demand.

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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.