As a result of the U.S.’s decision to impose a 50 per cent tariff on $27.6 billion of Canadian goods effective August 22, 2026, the Prime Minister announced that Canada will match the incoming U.S. Section 338 tariffs – dollar for dollar.
These new countermeasures on $27.6 billion in products imported from the U.S. will be effective as of 12:01 a.m., September 8, 2026.
The new targeted counter tariffs are concentrated in sectors such as steel and aluminum, dairy, appliances, agricultural equipment, pulp and paper, plastics, and electronics. In certain sectors, such as steel and aluminum, existing counter-tariffs will increase from 25 per cent to 50 per cent to match U.S. rates.
The list of products is available here:
https://www.canada.ca/en/department-finance/programs/international-trade-finance-policy/canadas-response-us-tariffs/complete-list-us-products-subject-to-counter-tariffs.html