Carney said the equivalent dollar-for-dollar counter-tariffs will focus on sectors such as dairy, steel, household appliances, farming equipment, electronics, and pulp and paper

Early Saturday, the United States imposed 50% import tariffs on $20 billion in Canadian goods.

In response, Canada announced plans to launch retaliatory measures starting Sept. 8, after final talks aimed at easing growing friction between the two long-standing allies broke down.

The duties introduced by Donald Trump impact roughly 5% of Canada’s annual exports across the border, affecting items as diverse as tongue depressors and hockey sticks.

Speaking from Ottawa, Carney stated during a 22-minute address to Canadians, "in the coming days, we will release the details of these new tariff measures, which will come into force the Tuesday after Labor Day."