Carney: Canada will enact retaliatory US tariffs starting September 8

Canadian Prime Minister Mark Carney has announced that Canada will implement retaliatory tariffs against the United States beginning September 8. The decision follows the United States' imposition of 50 percent tariffs on approximately $20 billion worth of Canadian goods.

Canada intends to match the American measures on a dollar-for-dollar basis. The announcement was made by the prime minister shortly after the U.S. trade action was enacted.