Canada slaps retaliatory tariffs on US goods worth US$20 billion as trade war intensifies

AI Summary

Canada announced retaliatory tariffs on US goods worth $20 billion, ranging from 15% to 50%, escalating an ongoing trade war. These duties will affect around 700 products starting from September 8.

The counter-tariffs take effect from Sep 8 and will impose duties ranging from 15 per cent to 50 per cent across 700 US products.