Canadian Prime Minister Mark Carney said Saturday morning that the country will enact retaliatory tariffs on the U.S. beginning on Sept. 8 in response to the Trump administration’s new 50 percent tariffs.
The prime minister said during a press conference that the country will “match Washington’s new tariffs dollar for dollar in order to protect Canadian workers, farmers, families and businesses.”
Carney said his government will release more details about these retaliatory policies in the “coming days” and that the tariffs would apply to goods like steel, dairy, appliances, agricultural equipment, pulp and paper and electronics.
He stressed during his morning remarks that the Canadian government “take[s] this step reluctantly.”
“Reluctantly because we recognize that some of these measures will raise costs and reduce choice for Canadians,” Carney said. “Reluctantly because we recognize that some U.S. companies and some U.S. states are innocent bystanders in a dispute that they did not want. Reluctantly because this trade dispute is preventing Canada and America from doing so much good that we could do together.
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