Breaking News:  CANADA TO HIT U.S. WITH RETALIATORY TARIFFS

Canadian Prime Minister Mark Carney says Canada will impose dollar-for-dollar retaliatory tariffs on U.S. goods starting September 8.

The move follows the collapse of Canada–U.S. trade negotiations after Washington imposed 50% tariffs on roughly $20 billion worth of Canadian imports.

 Canada's counter-tariffs are expected to target steel, electronics, dairy, appliances and agricultural equipment.