Uploaded August 2026 | Updated September 2026, 2 weeks ago

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Prime Minister Mark Carney announced new support programs for Canadian businesses hurt by the escalating trade war with the US and matched the new tariffs imposed by President Donald Trump. #canada #trump #tariffs #usa #news #politics

Canada will double its existing counter-tariffs on US steel and aluminum products to 50% and apply new duties to other US products, affecting $20 billion worth of annual US exports to Canada.

The Carney government unveiled a C$7.5 billion package of support measures for Canadian businesses, including liquidity support, grants, and employment insurance programs, and urged consumers to buy Canadian-made products.

Read more: bloomberg.com/news/articles/2026-08-25/canada-s-carney-matches-trump-tariffs-with-50-tax-on-us-steel-furniture-dairy

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