Canada will announce retaliatory tariffs against U.S. on August 25, official say

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Canada will announce retaliatory tariffs against the United States on Tuesday (August 25, 2026), an official familiar with the plans told The Associated Press, escalating a trade fight that has sharply worsened since negotiations with the Trump administration collapsed. The official spoke on condition of anonymity because they were not authorised to discuss the plans publicly. Prime Minister Mark Carney said on Monday (August 24, 2026) that Canada may need to move away from matching U.S. tariffs dollar for dollar and instead use more targeted retaliation aimed at protecting Canadian workers and businesses. President Donald Trump escalated the dispute again…

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