10:49 - 8.09.2026

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September 8, Fineko/abc.az. Canada has officially launched retaliatory tariffs ranging from 15% to 50% on hundreds of American imported goods. The aggressive stance taken by Prime Minister Mark Carney's administration aims to leverage Ottawa's bargaining position in high-stakes trade talks with Washington. The new duties took effect at 00:01 AM New York time on Tuesday. Under the new policy, import tariffs on US steel have been doubled to 50%, alongside fresh duties imposed on motorcycles, cosmetics, cheeses, and various consumer products.

The measures directly target exporters in key US battleground states like Michigan and Ohio, which maintain deep trade ties with Canada and face pivotal midterm elections this November. Trade experts emphasize that Ottawa is not seeking to prolong a full-scale trade war. Instead,

Canada aims to raise the financial toll on US businesses and consumers, compelling the Trump administration back to the negotiating table for a compromise.