Canadian Prime Minister Carney said on September 8 that Canada has begun counteracting US tariffs on a reciprocal basis. Carney said that he does not want to escalate the trade conflict, but it is necessary to implement retaliatory tariffs on the US to protect Canadian workers, businesses and communities. He pointed out that when the US imposes tariffs on Canadian exports, US goods cannot be allowed to enter the Canadian market duty-free. He also said that Canada has the economic strength to “transform and prosper,” but he also acknowledged that this transformation would have to pay — but “far less than the cost of stagnation.”

Canadian Prime Minister Carney said on September 8 that Canada has begun counteracting US tariffs on a reciprocal basis. Carney said that he does not want to escalate the trade conflict, but it is necessary to implement retaliatory tariffs on the US to protect Canadian workers, businesses, and communities. He pointed out that when the US imposes tariffs on Canadian exports, US goods cannot be allowed to enter the Canadian market duty-free. He also said that Canada has the economic strength to “transform and prosper,” but he also acknowledged that this transformation would have to pay — but “far less than the cost of stagnation.”