Canada Imposes Reciprocal 50% Tariffs on Multiple US Goods in Retaliation Against Trump Administration

Canadian Prime Minister Carney announced reciprocal countermeasures against US President Trump's new tariffs, raising existing tariffs on US steel and aluminum products to 50%. A 50% tariff also applies to US goods including furniture, clothing, video game consoles, and smartphones, affecting approximately $20 billion in US imports, equivalent to about 6% of Canada's total imports from the US last year.