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Canadian officials led by Finance Minister François-Philippe Champagne announced the retaliatory tariffs, which they said would go into effect on Sept. 8. ( Video courtesy of Associated Press, CTV )

READ: https://mb.com.ph/2026/08/26/canada-strikes-back-at-us-with-retaliatory-tariffs-as-trade-war-escalates


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Transcript
00:00On August 22nd, the United States of America imposed tariffs on 50% on approximately $28 billion in Canadian goods.
00:11Those tariffs will have real consequences for Canadian workers, businesses, and communities across our nation.
00:21Canada must respond, and today we are, in a proportionate, targeted, and strategic way.
00:30Today, I'm announcing that Canada will match the United States tariffs dollar for dollar, rate for rate.
00:38Effective September 8th, Canada will impose counter tariffs of up to 15%, 25%, or 50% on $27.6 billion
00:49in imports from the United States of America.
00:52For each product, our tariff would match the American tariff on the same type of Canadian goods.

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