Canada has announced 27.6 billion CAD ($19.9 billion USD) in retaliatory tariffs on over 700 American products across key industries, matching President Trump's recent 50% tariffs "dollar for dollar." Set to take effect on September 8 with rates between 15% and 50%, the duties target steel, dairy, appliances, and electronics, accompanied by a 7.5 billion CAD relief package for affected Canadian businesses. The countermeasure follows escalating trade friction, including proposed U.S. auto tariffs and hostile rhetoric from Washington, with economic analyses indicating that U.S. consumers and businesses will bear nearly the full burden of the ongoing trade war.