Trump escalates tariffs on Canadian goods to 50 percent

President Trump paused then imposed 50% tariffs on roughly $20–28 billion of Canadian goods in late August 2026 after trade negotiations failed. By August 27, Canadian Prime Minister Mark Carney had matched the US tariffs with reciprocal 50% levies on American dairy and steel, and Canadian retailers were scrambling to adapt.

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Trump pauses 50% tariffs on Canadian goods for 3 days

rss:axiosus_mainstream41d ago kagi ↗

President Trump said Tuesday night he is pausing for three days 50% tariffs on billions of dollars worth of Canadian goods that were set to take effect early Wednesday. Why it matters: It follows an intense push in recent days — including talks between Trump and Canadian Prime Minister Mark Carney on Tuesday — to avert another escalation in the North American trade war . What they're saying: "I ha

Trump hits pause on Canada tariffs threat, and hints at revival of Keystone XL oil pipeline project

rss:guardian-worldinternational41d ago kagi ↗

US president delays 50% tariffs by three days, and says contentious oil project ‘may be awoken from the grave’ Canada has temporarily avoided a bruising 50% US tariff, reaching a Tuesday-evening agreement with Trump administration officials hours before a hike that would have affected $20bn worth of goods was set to take effect. Donald Trump posted late on Tuesday on social media that he had pause

Trump delays 50% tariffs on Canadian imports for three days

kite:usaother41d ago kagi ↗

President Trump delayed planned 50% U.S. tariffs on about $20 billion of Canadian imports for three days after saying the United States and Canada had reached a deal pending final documents [pbs.org#1][cbsnews.com#1][abcnews.com#1]. The tariffs were set to take effect at 12:01 a.m. Wednesday and were postponed until 12:01 a.m. Saturday. Canadian Prime Minister Mark Carney said “substantial progres

50% tariffs on Canadian goods paused 'for a three day period' as Trump says there's a last-minute deal

stream:bsky-jetstreamother41d ago kagi ↗

TACO-t — seems like there is disagreement (natch) between t and Carney about where the negotiations are and whether there is actually an agreement. #Tariffs #Trade #Canada #News #Politics #Carney #WeThePeople www.yahoo.com/finance/mark... A suite of new tariffs on Canadian goods is paused for three days as talks between US and Canadian teams continue.

From Taco Tuesday to Fitting Friday: Trump puts Canada tariffs on ice for 72 hours

rss:toi-topinternational41d ago kagi ↗

Canada avoided a significant tariff imposition after a last-minute reprieve. President Trump announced a three-day extension for trade negotiations with Canada. Substantial progress has been acknowledged, though significant work remains to finalize an agreement. The immediate dispute centers on Canadian trade practices and market access for American goods. Both nations aim to resolve these issues

Canadian Stocks Climb as Trump Pauses Tariffs on Trade Talks

stream:bsky-jetstreamother41d ago kagi ↗

Canadian equities jumped Wednesday after US President Donald Trump said he would delay new 50% tariffs for three days and added that the two sides were close to a trade deal. From @geoffmorgan.bsky.social and I: www.bloomberg.com/news/article... Canadian equities jumped Wednesday after US President Donald Trump said he would delay new 50% tariffs for three days and added that the two sides were cl

Trump delays 50% tariffs on Canadian imports

kite:worldother41d ago kagi ↗

President Trump delayed planned 50% tariffs on about $20 billion of Canadian imports for three days, saying late Tuesday that the United States and Canada had reached a deal, subject to final documents; the duties had been set to take effect at 12:01 a.m. Wednesday and were postponed until 12:01 a.m. Saturday [pbs.org#2][npr.org#1][japantoday.com#1][business-standard.com#1][bbc.co.uk#1]. Canadian

News Wrap: Trump pauses his 50% tariffs on Canadian imports

rss:pbs-newshourus_mainstream41d ago kagi ↗

In our news wrap Wednesday, President Trump paused his 50% tariffs on Canadian imports and trade officials said they are working to make a final deal, the Israeli military is opening criminal investigations into two high-profile killings by its troops in Gaza and the United Arab Emirates says it is halting trade with Iran a day after it accused Tehran of launching missiles toward its territory.

Trump eyes Keystone XL revival

rss:thehillus_mainstream41d ago kagi ↗

{beacon} Energy & Environment Energy & Environment The Big Story Trump says he wants to revive controversial pipeline President Trump indicated late Tuesday that a trade deal with Canada could involve a revival of the Keystone XL. © Dominika Zarzycka, NurPhoto via Getty Images “I have paused the 50% Tariffs against Canada, that were...

Letters to the editor, Aug. 20: ‘Even if there were no relief on U.S. tariffs, it’s not the end for Canada. Far from it’ - Bytes Europe

stream:bsky-jetstreamother40d ago kagi ↗

Letters to the editor, Aug. 20: ‘Even if there were no relief on U.S. tariffs, it’s not the end for Canada. Far from it’ https://www.byteseu.com/2291486/ Open this photo in gallery: A log boom on the Fraser River, as U.S. President Donald Trump announced a three-day pause on a new round of 50% … A log boom on the Fraser River, as U.S. President Donald Trump announced a three-day pause on a new rou

Trump's proposed tariffs on Canada hurtle toward deadline amid trade talks — ABC News

stream:bsky-jetstreamother39d ago kagi ↗

Trump is an emotionally stunted child bully.And words matter in this way. They aren't "proposed tariffs" they are "threatened tariffs." USA negotiates everything for $. Diplomacy,mutual respect,honor or integrity are irrelevant. Every country is being squeezed via economic threats by DJTra$h Levies on some Canadian imports are set to take effect early Saturday morning.

Canada vows to match Trump’s 50% tariffs after trade deal talks fail

rss:guardian-worldinternational38d ago kagi ↗

Mark Carney accuses Washington of ‘unfair’ last-minute changes to deal, as US and Canada fail to reach agreement after three-day extension of talks Canadian prime minister Mark Carney has promised to match US tariffs “dollar for dollar”, after the two sides failed to agree a trade deal by the midnight deadline. “Last-minute changes in the US proposed terms were unfair, uneconomic, and called into

US imposes 50% tariffs on Canadian goods

kite:usaother38d ago wire ×3 kagi ↗

The United States imposed 50% tariffs on about $20 billion worth of Canadian products early Saturday after U.S.-Canada trade negotiations broke down shortly before a deadline set by President Trump [npr.org#1][cbsnews.com#1][aljazeera.com#1][wcvb.com#1]. The tariffs affect about 5% of Canada’s annual shipments to the United States and cover goods including hockey sticks, cement, wine and tongue de

Canada rejects US terms for trade deal as 50 percent tariffs take effect

rss:thehillus_mainstream38d ago kagi ↗

Canadian Prime Minister Mark Carney pulled his country’s negotiators from trade talks with the U.S. on Friday evening, just hours before the Trump administration’s new round of tariffs were set to go into effect. This decision followed weeks of intense negotiations between the two nations over President Trump’s proposed 50 percent tariffs on over $20...

Elbows up esp in the corners! ‘Canada vows ‘dollar for dollar’ response as US puts 50% tariffs on some goods’ https://www. theguardian.com/world/2026/aug /22/canada-tariffs-trump-trade-deal-talks-fail

mastodon:mstdn-socialother38d ago kagi ↗

Elbows up esp in the corners! ‘Canada vows ‘dollar for dollar’ response as US puts 50% tariffs on some goods’ https://www. theguardian.com/world/2026/aug /22/canada-tariffs-trump-trade-deal-talks-fail # cdnpoli # bcpoli # uspoli

Trump imposes 50% tariffs on Canadian goods

kite:usa_floridaother38d ago kagi ↗

The United States imposed 50% tariffs early Saturday on about $20 billion in Canadian products after U.S.-Canada trade negotiations broke down late Friday in Washington, and Canada said it would retaliate beginning Sept. 8 [wsvn.com#1][wfla.com#2][pbs.org#1][npr.org#1][cbsnews.com#2]. President Trump’s tariffs cover roughly 5% of Canada’s annual exports to the United States, including products sou

Canada sets retaliatory tariffs after Trump's 50% levies

kite:worldother37d ago kagi ↗

Canada said it will impose retaliatory tariffs on U.S. goods starting September 8 after President Trump’s administration put 50% duties into effect on about $20 billion of Canadian products following the collapse of trade talks in Washington late Friday [aljazeera.com#2][pbs.org#2][japantoday.com#1][dawn.com#2][bbc.co.uk#1]. Prime Minister Mark Carney said Ottawa would match Washington’s new tarif

US imposes 50 percent tariffs on Canadian goods, prompting Canada to launch dollar-for-dollar retaliatory tariffs Canada announces dollar-for-dollar retaliatory tariffs after the United States impleme

mastodon:mstdn-socialother37d ago kagi ↗

US imposes 50 percent tariffs on Canadian goods, prompting Canada to launch dollar-for-dollar retaliatory tariffs Canada announces dollar-for-dollar retaliatory tariffs after the United States implements new 50 percent tariffs on Canadian goods. https:// newsnews.ai/article/us-canada- tit-for-tat-tariffs-economic-impact # Canada # UnitedStates # TradeWar

Carney says country ‘at war’ with US on trade and fires back at Trump’s 50% tariffs

lemmy:lemmy-worldother37d ago kagi ↗

***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 gr

Canadian anger reaches fever pitch over Trump’s tariff war

rss:thehillus_mainstream36d ago kagi ↗

In today's issue: ▪ Canada pledges tit-for-tat tariffs ▪ Jeffries, Kushner meet ahead of midterms ▪ Economic ‘D-Day’ for Iran ▪ House Ethics Committee under pressure Canada’s political leaders have united to rally the country against President Trump in a brewing trade war after Prime Minister Mark Carney walked away from talks on Friday just hours before new...

Trump threatens 50 percent New Year's Day tariffs on more Canadian goods

rss:thehillus_mainstream36d ago kagi ↗

President Trump hit back at Canadian Prime Minister Mark Carney on Monday, threatening to hit imported cars, trucks, auto parts and steel with 50 percent tariffs. The new tariffs would take effect on Jan. 1. “Canada has been ripping off the United States of America for years,” he wrote on Truth Social. “Their ridiculously high tariffs...

Trump threatens to raise auto, truck and metal tariffs on Canada

rss:nbcnewsus_mainstream36d ago kagi ↗

In a post on social media, President Trump threatened to raise tariffs on Canada for imported cars, trucks, automobile parts and steel after Canadian Prime Minister Carney said he would retaliate economically. NBC News' Gabe Gutierrez reports from the White House on the escalating trade tensions.

Trump threatens 50 per cent tariffs on Canadian cars, trucks amid trade row

rss:scmpinternational36d ago kagi ↗

US tariffs on all cars and trucks, automotive parts and steel would be increased to 50 per cent starting January 1 next year, President Donald Trump said in a social post on ‌Monday after trade talks with Canada collapsed over the weekend. “Build in the U.S. and there are ZERO TARIFFS. Canada will be treated like a State no longer!” Trump wrote. “On Trade, and in other ways, also, they are among t

Trump raises tariffs on Canadian vehicles and steel to 50%, effective January 1, 2027, after trade talks collapsed President Donald Trump announced a tariff increase to 50% on Canadian vehicles, auto

mastodon:mstdn-socialother36d ago kagi ↗

Trump raises tariffs on Canadian vehicles and steel to 50%, effective January 1, 2027, after trade talks collapsed President Donald Trump announced a tariff increase to 50% on Canadian vehicles, auto parts, and steel effective January 1, 2027, following the collapse of trade negotiations. https:// newsnews.ai/article/trump-cana da-auto-steel-tariffs-2027 # UnitedStates # Canada # AutomotiveIndustr

Trump: Canada has been ripping off the United States of America for years. Their ridiculously high tariffs on our Farmers and farm products has made life impossible for these great American Patriots,

tg:liveuamapother36d ago kagi ↗

Trump: Canada has been ripping off the United States of America for years. Their ridiculously high tariffs on our Farmers and farm products has made life impossible for these great American Patriots, and has long created a 60 Billion Dollar Deficit between our two Countries. Not sustainable, and NOT ANYMORE. On January First, 2027, Tariffs on all Cars, Trucks, both large and small, Automotive Part

Trump threatens 50% Canadian auto tariffs for 2027

kite:usaother36d ago kagi ↗

President Trump said Monday that U.S. tariffs on Canadian cars, trucks, auto parts and steel would rise to 50% on Jan. 1, 2027, after trade negotiations with Canada collapsed late last week and a separate 50% tariff package on about $20 billion of Canadian goods took effect Saturday [time.com#1][scmp.com#1][cbsnews.com#1][bbc.co.uk#1][abcnews.com#1]. Trump accused Canada of imposing high tariffs o

Trump announces new 50% tariff on Canadian cars, trucks and steel

rss:guardian-worldinternational36d ago kagi ↗

Move is latest deterioration in trade relations between neighbors with historically strong economic ties Donald Trump announced a new 50% tariff on automobiles and crucial raw materials from Canada, the latest deterioration in trade relations between the two neighbors with historically strong economic ties. Trump said that the increased tariffs would start 1 January 2027 on all cars, trucks, autom

Trump threatens 50% tariffs on Canadian autos from 2027

kite:worldother36d ago kagi ↗

President Trump said the United States would raise tariffs on Canadian cars, trucks, automotive parts and steel to 50% on Jan. 1, 2027, after U.S.-Canada trade talks collapsed late last week [bbc.co.uk#1][cnbc.com#1][wsj.com#1][theguardian.com#1]. Trump justified the move by accusing Canada of imposing high tariffs on U.S. farmers and contributing to what he described as a $60 billion bilateral tr

Trump vows 50% tariffs on Canadian autos from January

kite:economyother36d ago kagi ↗

President Trump said Monday the United States would raise tariffs on Canadian cars, trucks, auto parts and steel to 50% starting Jan. 1, 2027, after U.S.-Canada trade talks collapsed late last week [wsj.com#1][nytimes.com#1][bbc.co.uk#2][financialpost.com#1]. The threat followed new U.S. tariffs that took effect Saturday on about $20 billion of Canadian goods, with Ottawa preparing to announce its

Trump threatens 50% tariffs on Canadian autos

kite:businessother35d ago kagi ↗

President Trump said Monday that the United States will raise tariffs on Canadian cars, trucks, automotive parts and steel to 50% on Jan. 1, 2027, after U.S.-Canada trade talks broke down late last week [cnbc.com#1][cbsnews.com#1][nytimes.com#1][ft.com#1][bbc.co.uk#2]. The announcement adds an auto-sector threat to 50% U.S. tariffs that took effect Saturday on about $20 billion of Canadian goods,

Stephen King lashes out at U.S. tariffs on Canada

stream:bsky-jetstreamother35d ago kagi ↗

“F*** Trump and f*** his tariffs. You don’t act like this to your friends,” King, 78, wrote. calgaryherald.com/entertainmen... Stephen King has gone viral after he weighed in on President Donald Trump's decision to impose 50% tariffs on Canada. Read more.

Honey to hockey sticks: Trump's 50% tariff net catches 550+ Canadian goods

rss:toi-topinternational35d ago kagi ↗

The United States has enacted a substantial 50% tariff on a wide range of Canadian goods, affecting more than 550 products, including common consumer items. In response, Canada intends to implement retaliatory measures that match the U.S. tariffs. This trade dispute continues to escalate further, with threats of additional tariffs on automotive products, indicating a growing conflict with severe e

Canada to announce response to Trump's new tariffs

stream:bsky-jetstreamother35d ago wire ×2 kagi ↗

Canada to announce response to Trump's new tariffs - https://www.channelnewsasia.com/world/canada-carney-trump-tariffs-response-6339096 After rejecting what he called a "bad deal", Canadian Prime Minister Mark Carney announced retaliatory tariffs effective on Sep 8.

Canada could lose 10,000s of jobs due to Trump’s 50% tariffs

stream:bsky-jetstreamother35d ago kagi ↗

U.S. President Donald Trump has imposed 50% tariffs on Canadian goods following a breakdown in trade talks. Economist Trevor Tombe estimates this could lead to the loss of tens of thousands of jobs in Canada if sustained. #trade #News U.S. President Donald Trump has imposed 50% tariffs on Canadian goods following a breakdown in trade...

Trump is threatening new Canadian auto tariffs. That will hurt US automakers and workers | CNN Business

stream:bsky-jetstreamother35d ago kagi ↗

The auto industry won't officially comment, figuring he's going to TACO. Probably a good bet. But here's an opportunity for D electeds and wannabes to prove they will "fight for Michigan," and they aren't taking it so far. Huh? Just a terse statement will do, and I haven't seen a thing. 🤷‍♀️ President Donald Trump’s threat of 50% auto tariffs on all imports from Canada is just the latest action t

Trump’s fight with GOP senators over trade intensifies

rss:thehillus_mainstream35d ago kagi ↗

President Trump is headed for a clash with Senate Republicans over his decision to pause tariffs on beef imports while ratcheting up tariffs on key Canadian goods. Trump’s plan to exempt 300,000 tons of product for ground beef from out-of-quota tariffs to address Americans’ concerns about high food prices while simultaneously threatening Canada with 50...

Trump's tariff war with Canada threatens GOP candidates in border battlegrounds

rss:thehillus_mainstream35d ago kagi ↗

President Trump’s tariff war with Canada is putting vulnerable GOP candidates in border states in a precarious position about 10 weeks out from the midterms, with economic anxiety already running high. Trump’s 50 percent tariffs on $20 billion worth of Canadian imports took effect on Saturday after bilateral negotiations collapsed at the eleventh hour. Trump...

Canada to respond to Trump’s new tariffs – US politics live

rss:guardian-worldinternational35d ago kagi ↗

Tariffs on an array of Canadian products took effect over the weekend with Trump threatening further measures on cars and trucks Sign up for the US Breaking News email Trump announces new 50% tariff on Canadian cars, trucks and steel Canada said it will announce its response to Donald Trump’s new tariffs, as the neighbours that used to be close allies spiral into a trade war. Canadian PM Mark Carn

Canada set to announce retaliatory tariffs on US goods

stream:bsky-jetstreamother35d ago kagi ↗

ELBOWS UP! p.dw.com/p/5JLJ5 Tariffs of 50% on Canadian goods came into effect after trade talks collapsed. US President Trump has warned Ottawa to "fall in line," but Canadian Prime Minister Mark Carney has refused to accept a "...

Canada Prepares to Retaliate on Trump's 50% Tariffs

rss:nbcnewsus_mainstream35d ago kagi ↗

After President Donald Trump imposed 50% tariffs on some Canadian goods, Canada is saying it has leverage. “We have what the world wants,” Prime Minister Mark Carney said. Meanwhile, Trump’s pressure campaign on Iran is underway with what he calls “economic D-Day,” slapping fresh sanctions on 60 foreign entities and threatening to cut off countries unless they stop doing business with Iran. NBC’s

Trump weighs renaming Lake Ontario after 50% tariffs

kite:usaother35d ago kagi ↗

President Trump said Tuesday that the United States was considering renaming Lake Ontario “Lake America,” linking the idea to reduced U.S. business with Ontario as the U.S.-Canada trade dispute intensified [abcnews.com#1][cbsnews.com#1][cbc.ca#1]. Lake Ontario lies between New York state and Ontario, Canada’s most populous province and home to the country’s auto industry [abcnews.com#1][cbsnews.co

Spanberger pushes Trump to back off new tariffs on Canada

stream:bsky-jetstreamother35d ago kagi ↗

Virginia governor Spanberger pushes back on Trump over trade with Canada. 🤨 dailyprogress.com/news/state-r... Virginia Gov. Abigail Spanberger is urging the Trump administration to reconsider its 50% tariffs on Canadian goods. Some high-profile Republicans are too.

DERANGED DON DEMANDS "We stand with Mark Carney and the freedom loving people of Canada" - Aure Free Press Trump says tariffs on Canadian cars, trucks, automotive parts and steel will rise to 50% on J

mastodon:mstdn-socialother35d ago kagi ↗

DERANGED DON DEMANDS "We stand with Mark Carney and the freedom loving people of Canada" - Aure Free Press Trump says tariffs on Canadian cars, trucks, automotive parts and steel will rise to 50% on Jan. 1, 2027, accusing Canada of taking advantage of the U.S.: “We don’t need Canada, they need us.” Trump tries to kneecap our closest ally Canada while destroying the US economy! # AureFreePress # Ne

https://www. nytimes.com/2026/08/23/world/c anada/canadian-goods-trump-tariffs-items-list.html Suit jackets, national flags, Christmas ornaments: The lists of hundreds of goods from Canada that are su

mastodon:mstdn-socialother35d ago kagi ↗

https://www. nytimes.com/2026/08/23/world/c anada/canadian-goods-trump-tariffs-items-list.html Suit jackets, national flags, Christmas ornaments: The lists of hundreds of goods from Canada that are subject to new 50 percent tariffs from the United States are long and seemingly organized at random. .... it's crazy? 😵‍💫

Alberta premier under pressure to take more ‘Team Canada’ approach to escalating U.S. trade war | CBC News

stream:bsky-jetstreamother35d ago kagi ↗

I don't care if it makes Premier Danni cry, I still say we should put a 50% export duty on O&G to the US. #ElbowsUp #MAGADelendaEst www.cbc.ca/news/canada/... As Canadian premiers on Saturday decried U.S. President Donald Trump’s decision to impose 50 per cent tariffs on a swath of Canadian imports, political analysts say Alberta’s premier took a markedly d...

Carney Matches Trump Tariffs With 50% Tax on US Furniture, Steel — Bloomberg

stream:bsky-jetstreamother35d ago kagi ↗

Eventually everyone understands that tRump is a lying MFer and can't be trusted...they stand up, and he looks somewhere else to spread his lies and deceit... Go Canada... Prime Minister Mark Carney matched dollar-for-dollar the new tariffs imposed by President Donald Trump over the weekend and announced support programs for Canadian businesses hurt by the escalating tr...

Trump's Misleading Claim on Canadian Dairy Tariffs - FactCheck.org

stream:bsky-jetstreamother35d ago kagi ↗

The orange idiot has told this lie so many times, I lost count. To support his plan to increase tariffs, President Donald Trump has repeatedly said that the Canadian government charges U.S. farmers a 250% or 270% tariff on dairy products exported to Canada. That's...

Canada sets 15%-50% tariffs on U.S. goods

kite:economyother35d ago kagi ↗

Canada announced retaliatory tariffs of 15%, 25% and 50% on annual U.S. imports worth about US$20 billion, or nearly C$28 billion, after U.S.-Canada trade talks collapsed and President Trump imposed 50% tariffs on Canadian goods [reuters.com#1][npr.org#1][bbc.co.uk#3][rtp.pt#2]. The Canadian measures, scheduled to take effect Sept. 8, cover more than 700 products, including steel, dairy, appliance

Canada sets tariffs of up to 50% on U.S. goods

kite:worldother35d ago wire ×2 kagi ↗

Canada announced retaliatory tariffs of 15%, 25% and 50% on hundreds of U.S. products, with the measures set to take effect on Sept. 8 and cover about C$27.6 billion, or roughly US$20 billion, in annual imports [reuters.com#1][bbc.co.uk#1][france24.com#1][theglobeandmail.com#2][straitstimes.com#2]. Officials said the targeted sectors include steel, aluminum, dairy, appliances, agricultural equipme

Canada Matches US Tariffs Dollar-For-Dollar, Rate-For-Rate

rss:bloomberg-politicsus_mainstream35d ago kagi ↗

Canada is matching new tariffs imposed by President Donald Trump. It's doubling existing counter-tariffs on US steel and aluminum products to 50%. American-made milk, furniture and other products will have new duties of 50% applied. Finance Minister Francois-Philippe Champagne spoke at a press conference in Ottawa with other leaders Tuesday. (Source: Bloomberg)

Canada hits US goods with tariffs of up to 50 per cent as trade war escalates

rss:scmpinternational35d ago kagi ↗

Canada announced retaliatory tariffs of up to 50 per cent on US$19.94 billion (C$27.6 billion) of American goods on Tuesday, escalating its trade confrontation with Washington days after negotiations collapsed and the Trump administration imposed sweeping new duties on Canadian products. The tariffs, which take effect on September 8, will apply to more than 700 categories of US goods at rates of 1

Carney Matches Trump Tariffs With 50% Tax, US Dairy, Steel

rss:bloomberg-politicsus_mainstream35d ago kagi ↗

Trade talks between the US and Canada came to a halt over the weekend with new US tariffs going into effect. Now Canada has responded with counter-tariffs. Mathieu Dion explains what this all means (Source: Bloomberg)

Former Labor secretary calls Trump's Canada tariffs 'irrational'

rss:thehillus_mainstream34d ago kagi ↗

Former Labor Secretary Robert Reich on Wednesday called President Trump's 50 percent tariffs on Canadian imports "irrational." Reich warned in an interview with "Squawk Box" co-host Andrew Ross Sorkin on CNBC that the economic ramifications are rising prices, particularly for housing, as a result of the trade war. "And as Canadian wood products become even...

Canada retaliates after Trump imposes 50% tariffs

kite:worldother34d ago kagi ↗

Canada and the United States escalated their trade dispute after negotiations broke down Aug. 22. President Trump imposed new 50% tariffs on about $20 billion of Canadian imports, and Ottawa announced matching counter-tariffs on about $20 billion in annual U.S. imports [straitstimes.com#2][thenews.com.pk#1][globo.com#1][cna.com.tw#1][koreatimes.co.kr#1][aawsat.com#1]. Canada’s retaliation, schedul

Canada sets retaliatory tariffs of up to 50% after Trump escalation

kite:usaother33d ago kagi ↗

Canada announced retaliatory tariffs of 15%, 25% and 50% on about $20 billion in annual U.S. imports after President Trump imposed new 50% duties on roughly the same value of Canadian goods following failed trade talks [abcnews.com#1][thenews.com.pk#1][globo.com#1][malaymail.com#1]. The Canadian measures, scheduled to take effect September 8, cover hundreds of U.S. products, including steel, dairy

Bond market revolt signals fading confidence in US economic leadership

rss:scmpinternational33d ago kagi ↗

Two years ago, the prospect of a trade war between the United States and Canada, two of the world’s most closely integrated economies, would have been unthinkable. However, US President Donald Trump’s recklessness and capriciousness know no bounds. Last week’s breakdown in negotiations between the North American neighbours, which triggered the imposition of US tariffs of 50 per cent on a wide rang

Trump escalates Canada trade fight with 50% tariffs

kite:usaother33d ago kagi ↗

President Trump’s trade dispute with Canada escalated after the United States imposed 50% tariffs on roughly $20 billion to $28 billion worth of Canadian goods following the collapse of bilateral trade talks, with affected products including steel, beer, cheese, electronics, lumber, whisky and other goods [nypost.com#1][jornada.com.mx#1][pakobserver.net#1][theconversation.com#1][e24.no#1]. Canada