Live updates: Canada to impose retaliatory tariffs on $20B in US goods as trade war escalates

Canada also announced a support package for workers and businesses affected by the dispute worth $7.5 billion in Canadian dollars (US$5.4 billion). They said the counter tariffs will raise costs for some businesses and consumers, but expect the overall economic effects to be moderate. They said the government has provided more than $30 billion Canadian dollars (US$21.7 billion) in tariff-related support since the beginning of 2025 — far more than it has collected in retaliatory duties — as it tries to cushion the blow. The two countries have deeply integrated supply chains across autos , energy, agriculture and manufacturing, making a prolonged trade fight potentially costly for businesses and workers on both sides of the border. Industry Minister Mélanie Joly urged Canadians to buy Canadian products as they “launch this movement of resistance to what is happening to us.”.

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