US–Canada Trade Deal Collapses As Trucks Trigger 50% Tariffs Shock
Automakers on both sides of the border now face 50% tariffs on roughly $20 billion in Canadian exports after light and heavy vehicle rules split negot...
Last updated: 2026-08-24 09:54:47 ET
Automakers on both sides of the border now face 50% tariffs on roughly $20 billion in Canadian exports after light and heavy vehicle rules split negot...
Canadian Prime Minister Mark Carney promised to match President Trump's new wave of tariffs "dollar-for-dollar." Olivia Rinaldi has more.
An array of imports are subject to the new 50 percent tariffs. Canadian Prime Minister Mark Carney has called them “a miscalculation” and vowed to match them “dollar for dollar.”
The U.S. is levying a 50% charge on Canadian imports including wine, hockey sticks, cement, and paper and textile products. Ottawa has pledged retalia...
The tit-for-tat retaliation risks escalation into an all-out trade conflict and threatens to further unravel deteriorating ties between the two allies...
The Canadian prime minister will have the sell his gamble that walking away from talks with the White House will be worth the consequences.
New 50% Trump administration tariffs on some Canadian exports went into place after the U.S. and Canada failed to reach a deal on Friday.
NPR's Scott Simon talks to Peter Armstrong, senior business correspondent at the Canadian Broadcasting Corporation, about the collapse in US-Canada trade talks.
A new 50% levy on $20bn of Canadian imports comes into force after a last-minute breakdown in trade talks.
The United States imposed 50% tariffs on $20 billion worth of Canadian products early Saturday, and Canada immediately said it would retaliate, after last-ditch negotiations failed.
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