The Indicator from Planet Money · Tuesday, September 8, 2026
Canada has implemented counter-tariffs ranging from 15% to 50% on a variety of U.S. goods in response to earlier U.S. tariffs on Canadian products. These measures, affecting items like steel, dairy, and electronics, are seen by Canada as a necessary stand against perceived bullying tactics from the U.S. administration. The strategy appears to target goods from swing states to exert political pressure.
“And now, Canada, one of our closest trading partners, is fighting back.”
“And so, we felt like this was an appropriate time to check in with a friend of the show, Paul Haversrud.”
“And in response, Canada has, as of this recording, put on roughly $20 billion in tariffs on American goods.”