The Canadian government has implemented a 50% tariff on US goods totaling $20 billion in annual import value. This move serves as a direct dollar-for-dollar retaliation against trade measures recently enacted by President Trump.
The new duties target a wide range of industrial and consumer products, including US-sourced steel and aluminum. Additional categories facing the 50% levy encompass furniture, apparel, and high-tech consumer goods such as smartphones, video-game consoles, and various other electronics.