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Trump imposes 50% tariffs on ~$20B Canadian goods as Canada retaliates

President Trump imposes 50% tariffs on roughly $20B of Canadian goods after U.S.-Canada trade negotiations collapsed, prompting Canadian PM Mark Carney to announce dollar-for-dollar retaliatory tariffs on U.S. goods starting September 8 across multiple sectors.

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U.S.-Canada Trade War Escalates as Trump Imposes 50% Tariffs ⠀ • President Trump has imposed 50% tariffs on roughly $20B of Canadian goods after U.S.-Canada trade negotiations collapsed. • Canadian PM Mark Carney announced "dollar-for-dollar" retaliatory tariffs on U.S. goods starting September 8, targeting sectors including steel, dairy, electronics and agricultural equipment. • U.S.

Trade Representative Jamieson Greer said no new negotiations are currently planned, further raising the risk of an escalating cycle of retaliatory trade measures.