Canada: To Announce Imposition of Retaliatory Tariffs Against Washington Today, Tuesday

Canada will announce retaliatory tariffs against the United States today on Tuesday, according to a source familiar with the plans who told The Associated Press, escalating a trade dispute that has deteriorated sharply since the collapse of negotiations with the administration of President Donald Trump.

The official spoke on condition of anonymity, as he was not authorized to discuss the plans publicly.

Prime Minister Mark Carney said on Monday that Canada might need to abandon the principle of imposing tariffs equivalent to those of the United States, dollar for dollar, and instead resort to more targeted retaliatory measures, noting that officials are exploring options aimed at protecting Canadian workers and businesses.

President Donald Trump escalated the dispute again on Monday, urging Canadian leaders to “comply” or face consequences “much worse” than the tariffs already imposed, and threatening to impose new tariffs of 50% on Canadian automobiles, auto parts, and steel.