The David Lin Report · Saturday, August 29, 2026
Canada announced retaliatory tariffs on approximately $20 billion of U.S. imports, effective September 1st. These measures, including tariffs of 15%, 25%, and 50% on over 700 U.S. products, are a direct response to the recent 50% U.S. tariffs on Canadian goods.
“On Tuesday, August 25th, Canada retaliated against US tariffs with its own fight, announcing retaliatory tariffs on roughly $20 billion US dollars of US imports after President Donald Trump imposed 50% tariffs on a similarly valued basket of Canadian goods last week.”
“The Canadian counter-measures announced on Tuesday will take effect on September 1st and will apply tariffs of 15%, 25%, and 50% to more than 700 US products, including steel, dairy, electronics, appliances, agricultural equipment, pulp and paper, seafood, and other consumer goods.”
“Ottawa says these measures are designed to match Washington's new tariffs, dollar for dollar.”