US tariffs on Canadian products kick in after failed negotiations
Posted on 2026-08-22 12:09:13
The United States is ready to impose 50% tariffs on $20 billion worth of Canadian products after last-ditch negotiations failed to resolve the latest strain in already tense relations between the North American neighbors.
President 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.
Canada has threatened to retaliate against any new tariffs with levies of its own, aggravating a trade fight between countries that sold each other $880 billion worth of goods and services last year.
The tariffs were initially supposed to kick in at 12:01 a.m. Wednesday. But Trump extended the deadline for three days to allow talks to continue.
The two countries couldn't reach an agreement in time, despite Trump having hailed a deal that was all-but-finalized.
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