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Canada announces counter-tariffs on U.S. goods

Canada will impose new counter-tariffs on U.S. imports beginning September 8, 2026.

august 26, 2026

The Department of Finance Canada on August 25, 2026, announced that Canada will impose counter-tariffs on U.S. goods in response to new U.S. tariffs on Canadian products.

Effective September 8, 2026, Canada will apply counter-tariffs of 15%, 25%, and 50% on U.S. imports covering CA$27.6 billion of goods, matching the corresponding U.S. tariff rates. The measures will affect products in sectors including steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics.

  • Goods subject to 50% tariffs include steel and aluminum products that were previously only subject to a 25% counter-tariff, furniture, and clothing and apparel.
  • Goods subject to 25% tariffs include appliances, dairy products, fish and seafood, and certain steel and aluminum derivative products.

Read an August 2026 report prepared by the KPMG member firm in Canada

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