00:00Today, I'm announcing that Canada will match the United States tariffs, dollar for dollar, rate for rate.
00:07Effective September 8, Canada will impose counter tariffs of up to 15, 25 or 50 percent on 27.6 billion
00:18in imports from the United States of America.
00:21For each product, our tariff would match the American tariff on the same type of Canadian good.
00:29Our existing counter tariffs, including those on automobiles, will remain in place.
00:35Canada's remission framework will also remain available to mitigate unintended consequences for Canadian businesses.
00:45Canada's counter tariffs are designed primarily to provide protection for Canadian industry impacted by U.S. tariffs
00:52and allow them to compete against U.S. products.
00:59Canada'sermicus.
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