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Ottawa to announce details of retaliatory tariffs on U.S. today
The tariffs respond to U.S. demands Canada says would limit its trade autonomy and cultural protections, prompting Ottawa to suspend negotiations.
On Saturday, Prime Minister Mark Carney announced Canada will impose retaliatory tariffs on the United States, effective Sept. 8, following breakdown in trade negotiations.
Carney suspended trade talks with the U.S. last Friday, accusing the U.S. of introducing last-minute demands that would limit Canada's ability to make independent trade deals.
The demands also threatened Canada's ability to protect its cultural sectors, prompting Carney to characterize the U.S. approach as undermining national sovereignty.
Full details of the retaliatory tariffs will be unveiled by the federal government today, clarifying which sectors and products face the new duties.
The escalation marks a significant shift in Canada-U.S. trade relations as the country prepares to implement counter-tariffs addressing the ongoing bilateral dispute.