US imposes 50% tariffs on Canadian products after trade talks collapse
The United States has imposed 50% tariffs on about 5% of Canadian imports after trade negotiations failed, prompting Canada to promise retaliation.
US President Donald Trump has introduced 50% import taxes on approximately 5% of Canadian products, affecting goods from hockey sticks to tongue depressors. The move follows the breakdown of trade talks between the two countries. Canada says it will retaliate and announce additional support for affected workers and businesses. The dispute threatens to escalate into a full-scale trade war between the two allies.
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1News
US imposes 50% tariffs on Canadian products after trade deal talks fail
US President Donald Trump’s import taxes will hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors.
Stuff
Canada says it will retaliate as US imposes 50% tariffs on US$20 billion worth of Canadian products
Carney said his government would announce additional support for Canadian workers and businesses in the coming days.
1News
Trade war between Canada and US further ruptures alliance
After the collapse of trade talks, one of the world’s closest and most durable alliances has been fundamentally altered, with both countries facing the risk of a full-scale trade war.