OTTAWA, ONTARIO / RankWire.AI / – Canada has announced new tariffs of 15%, 25%, and 50% on C$27.6 billion worth of U.S. imports, effective from September 8, according to Prime Minister Mark Carney. These measures encompass over 700 tariff items and are structured to mirror U.S. duties exactly. The date was set after the U.S. implemented new tariffs on August 22, with Canada ensuring each product selected will carry the same rate as the U.S. measures it corresponds to.
The scope of Canada’s response extends well beyond metals and automotive products. The tariff list includes household appliances, furniture, clothing, electronics, agricultural equipment, dairy products, pulp, and paper. Several steel and aluminum items will also be subjected to the highest tariffs. Prior to this announcement, Canada had already levied counter tariffs on certain U.S. goods. Existing Canadian duties on U.S. automobiles will continue to be in effect alongside these new tariffs.
The 50% tariff applies to specific steel and aluminum products, along with some furniture and clothing. A 25% rate will be imposed on selected appliances, dairy items, and metal by-products. Meanwhile, other goods will face a 15% tariff as outlined in the official schedule. Each of these rates directly correlates with U.S. duties levied on similar Canadian exports. The Canadian government stated that this new list emphasizes sectors most directly impacted by U.S. trade measures.
Tariff expansion targets critical industries
Ottawa also revealed a new C$7.5 billion package aimed at aiding workers and businesses affected by the tariffs. This includes C$1.5 billion dedicated to the Regional Tariff Response Initiative. An additional C$500 million will support business liquidity via the Business Development Bank of Canada’s Pivot to Grow program. Furthermore, C$2 billion has been allocated to the Canada Strong Diversification Fund. The government lowered the minimum revenue requirement for some support programs to C$1 million.
An extra C$3.5 billion will be used to assist workers and employers through various employment, training, and retention initiatives. These measures include temporary flexibilities in Employment Insurance and funding for workplace training. Finance Minister François-Philippe Champagne confirmed that the counter tariffs will match the U.S. measures dollar for dollar and rate for rate. This federal support builds upon earlier programs introduced during previous U.S. tariff rounds, which have already delivered nearly C$25 billion in aid, according to Canada.
The new tariffs take effect on September 8
The tariffs will be enforced on goods classified as U.S. origin under Canadian rules. Items already in transit at the time of implementation will not be subject to the new tariffs. The duties come into force at 12:01 a.m. on September 8. The Canada Border Services Agency will oversee the collection of tariffs as the products arrive in the country. Companies are still able to seek relief through Canada’s existing tariff remission procedures if they meet specific criteria.
This latest move broadens the scope of the Canada-U.S. trade dispute, encompassing a wider array of products from industrial inputs and consumer goods to agricultural items. Importers will face varying rates depending on each item’s tariff classification. Alongside these new tariffs, Canada will maintain existing counter tariffs on U.S. automobiles. Altogether, these measures target C$27.6 billion of U.S. imports and involve more than 700 tariff-listed items.