Canada Unveils Retaliatory Tariffs on $26.7 Billion of U.S. Goods

In this episode, host Vijay Saini examines Canada’s decision to impose retaliatory tariffs on approximately $26.7 billion worth of U.S. goods following the escalation of the Canada–U.S. trade war. The counter-tariffs, ranging from 15% to 50%, are scheduled to take effect on September 8 and will target products including seafood, dairy, furniture, apparel, tools, paper goods, and lumber. The discussion explores Ottawa’s “dollar-for-dollar” response, the potential impact on Canadian consumers, American exporters, businesses, prices, jobs, and cross-border trade, as well as the government’s support measures for affected workers and industries.