Wednesday, August 26, 2026

Canada matches U.S. tariffs on honey, dairy and wool



 

The federal government will match the United States dollar for dollar and product by product with retaliatory tariffs, the federal government announced.


On Saturday, the U.S. imposed 50 per cent tariffs on $27.6 billion of Canadian goods after negotiations collapsed.

 

The Canadian tariffs include: 

  • Milk, cream and dairy ingredients at 50 per cent.
  • Natural honey at 50 per cent.
  • Various types of cheese at 25 per cent.
  • Molasses at 50 per cent)
  • Baking mixes and doughs at 50 per cent.
  • Wool products.
  • Various types of fish and fish products at 25 per cent)
  • Harvesting or threshing machinery —mowers and parts — at 15 to 25 per cent.

Many steel and aluminum products are also tariffed, which will hit farm equipment repairs and manufacturers. 


The federal government also announced a $7.5 billion aid package for businesses and workers hit by the U.S. tariffs.