{"id":656043,"date":"2026-08-25T17:45:09","date_gmt":"2026-08-25T17:45:09","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/656043\/"},"modified":"2026-08-25T17:45:09","modified_gmt":"2026-08-25T17:45:09","slug":"canada-announces-20bn-retaliatory-tariffs-as-us-trade-war-escalates-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/656043\/","title":{"rendered":"Canada announces $20bn retaliatory tariffs as US trade war escalates \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">Canada has announced retaliatory <a href=\"https:\/\/www.irishtimes.com\/tags\/us-tariffs\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/us-tariffs\/\">tariffs<\/a> on $20 billion (\u20ac17.14 billion) worth of US imports a day after <a href=\"https:\/\/www.irishtimes.com\/tags\/donald-trump\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/donald-trump\/\">US President Donald Trump<\/a> said he would raise duties on Canadian cars, in the latest salvo of the escalating trade war between the two neighbours.<\/p>\n<p class=\"c-paragraph paywall \">Finance minister Fran\u00e7ois-Philippe Champagne on Tuesday issued a 99-page list of hundreds of US goods that will face increased levies in Canada after September 8th, including steel, dairy products and agricultural equipment.<\/p>\n<p class=\"c-paragraph paywall \">\u201cWhen the US asked too much and offered too little, we chose to stand up for Canadians,\u201d said Champagne, referring to the trade talks that collapsed on Friday.<\/p>\n<p class=\"c-paragraph paywall \">Canada will impose counter-tariffs of 15, 25 or 50 per cent on the products, matching the rates applied to the same categories of Canadian exports by Washington.<\/p>\n<p class=\"c-paragraph paywall \">\u201cOur dollar-for-dollar, rate-for-rate counter-tariffs as well as a multi-billion dollar support package will protect workers, farmers, families, and businesses as we build a stronger, more resilient, and more diversified Canadian economy,\u201d Champagne said.<\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/business\/economy\/2026\/08\/25\/dont-take-the-deal-how-the-us-canada-tariff-talks-escalated-to-all-out-trade-war\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">\u2018Don\u2019t take the deal\u2019: how the US-Canada tariff talks escalated to all-out trade warOpens in new window<\/a>\u00a0]<\/p>\n<p class=\"c-paragraph paywall \">Trump launched tariffs targeting $20 billion worth of Canadian goods that went into effect on Saturday after prime minister Mark Carney suspended trade talks with the US late the previous night.<\/p>\n<p class=\"c-paragraph paywall \">On Monday, the US president increased tariffs on Canadian cars and automotive parts. &#8211; Copyright The Financial Times Limited 2026<\/p>\n","protected":false},"excerpt":{"rendered":"Canada has announced retaliatory tariffs on $20 billion (\u20ac17.14 billion) worth of US imports a day after US&hellip;\n","protected":false},"author":2,"featured_media":656044,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[41],"tags":[117108,134719,15852,134720,9,10,49100,207,995,95839,7266,67704,179,13,14,277302,3428,53821,6,11995,6394,40506,11,12,53822,15,16,5,18113,790,7,8,15935,1997,100370,37772,25367,277303,106562,65,66,67],"class_list":["post-656043","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world","tag-aerial-photography","tag-aerial-view","tag-americas","tag-birds-eye-view","tag-breaking-news","tag-breakingnews","tag-bridges","tag-business-news","tag-canada","tag-canadian","tag-development","tag-drone-photography","tag-economy","tag-featured-news","tag-featurednews","tag-foreign-relations","tag-government","tag-government-news","tag-headlines","tag-industries","tag-infrastructure","tag-international-relations","tag-latest-news","tag-latestnews","tag-macro-economics","tag-main-news","tag-mainnews","tag-news","tag-north-american","tag-politics","tag-top-stories","tag-topstories","tag-toronto","tag-trade","tag-trade-agreements","tag-trade-policy","tag-trade-wars","tag-transportation-and-logistics","tag-trucking","tag-world","tag-world-news","tag-worldnews"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/656043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=656043"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/656043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/656044"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=656043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=656043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=656043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}