Canada's Retaliatory Tariff Plan Could Reach US$106 Billion on American Goods

Canada announced counter-tariffs on roughly 700 US products effective September 8, 2026, starting at CA$30 billion (US$20.6 billion). The plan is designed to expand to CA$155 billion (US$106 billion) — a scale that would cover a substantial share of total US exports to Canada. This follows Washington's 50% tariffs on Canadian goods under Section 338 and Trump's pledge to double auto duties by January 2027.