US-Canada trade war escalates; Trump tariffs hit Canadian housing and exports

From August 22 to September 16, 2026, US-Canada trade talks collapsed and the Trump administration imposed 50% tariffs on Canadian goods. Canada's housing sales declined and the country diverted exports to China, jumping 30% in the first half of 2026, while Trump's tariffs threatened Republican-leaning US states dependent on cross-border trade.

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U.S.-Canada trade talks collapse, massive tariffs to take effect

rss:axiosus_mainstream38d ago kagi ↗

Trade talks between the U.S. and Canada fell apart late Friday night, and both sides said steep new tariffs will go into effect. Why it matters: It's an unprecedented breakdown in relations with the second-largest U.S. trading partner. Catch up quick: Trump last month threatened to invoke Section 338 of the Tariff Act of 1930 to hit a slew of Canadian goods with additional 50% duties, including al

Canada vows retaliation as U.S. imposes 50% tariffs

kite:worldother38d ago kagi ↗

The United States imposed 50% tariffs on about $20 billion worth of Canadian goods early Saturday after Washington and Ottawa failed to finalize a trade deal by President Trump’s deadline [abc.net.au#1][dw.com#1][theguardian.com#1][thehindu.com#1][scmp.com#1][aljazeera.com#1][japantoday.com#1][bbc.com#1]. Prime Minister Mark Carney suspended negotiations, ordered Canada’s negotiators back to Ottaw

Canada Pushes Back as US Trade Talks Collapse

rss:bloomberg-marketsus_mainstream38d ago kagi ↗

Bloomberg News Executive Editor for Canada Derek Decloet joins David Gura and Christina Ruffini on Bloomberg This Weekend and explains that Canadians are frustrated but not necessarily surprised after last-minute US-Canada negotiations collapsed, triggering 50% US tariffs on about $20 billion of Canadian goods and a dollar-for-dollar retaliation pledge from Ottawa. (Source: Bloomberg)

Canada matches Trump tariffs after trade talks collapse

kite:usaother38d ago kagi ↗

The United States imposed 50% tariffs on about $20 billion worth of Canadian goods early Saturday after last-ditch negotiations in Washington failed to produce a trade deal, and Canada said it would impose matching tariffs on U.S. goods starting Sept. 8 [pbs.org#1][boston.com#1][cbsnews.com#1][abc.net.au#1]. The duties cover about 5% to 5.5% of Canada’s annual exports to the United States [pbs.org

Canada announces retaliatory tariffs to begin Sept. 8

rss:thehillus_mainstream38d ago kagi ↗

Canadian Prime Minister Mark Carney said Saturday morning that the country will enact retaliatory tariffs on the U.S. beginning on Sept. 8 in response to the Trump administration’s new 50 percent tariffs. The prime minister said during a press conference that the country will “match Washington’s new tariffs dollar for dollar in order to protect...

Canada’s PM hits back with new US tariffs after trade talks fail

rss:scmpinternational38d ago kagi ↗

Canadian Prime Minister Mark Carney said on Saturday he would slap retaliatory tariffs on the United States after walking away from a “bad deal” on trade, deepening the rift between the long-time allies. Negotiations between the neighbouring countries broke down on Friday in Washington, allowing new 50 per cent US tariffs impacting some US$20 billion worth of goods, or 5.5 per cent of Canadian exp

It's the stupidity, stupid! Trump’s 50 Percent Tariffs Take Effect After US-Canada Trade Talks Collapse https:// truthout.org/articles/trumps-5 0-percent-tariffs-take-effect-after-us-canada-trade-talk

mastodon:mstdn-socialother38d ago kagi ↗

It's the stupidity, stupid! Trump’s 50 Percent Tariffs Take Effect After US-Canada Trade Talks Collapse https:// truthout.org/articles/trumps-5 0-percent-tariffs-take-effect-after-us-canada-trade-talks-collapse/ # Canada # Tariffs # TrumpMustGo # KingOfTreason # RepublicansDidThis # NoRepublicansEverAgain # USPol

Canada matches Trump’s 50% tariffs after talks collapse

kite:economyother38d ago kagi ↗

The United States imposed 50% tariffs on about $20 billion of Canadian goods after late-stage trade talks with Canada collapsed in Washington on Friday. Prime Minister Mark Carney said Canada would answer with dollar-for-dollar tariffs on U.S. imports starting Sept. 8 [npr.org#1][pbs.org#2][wsj.com#3][bbc.co.uk#1][abc.net.au#2]. The U.S. measures cover dairy goods, alcoholic beverages, cement, hoc

Canada sets Sept. 8 retaliation for U.S. tariffs

kite:businessother38d ago kagi ↗

The United States imposed 50% tariffs on about $20 billion of Canadian goods early Saturday after U.S.-Canada trade talks broke down late Friday in Washington, and Prime Minister Mark Carney said Canada would impose “dollar-for-dollar” counter-tariffs starting Sept. 8 [fortune.com#1][cnbc.com#1][npr.org#2][pbs.org#2][cbsnews.com#1]. The U.S. duties cover about 5% of what Canada ships to the United

U.S. and Canada trade war intensifies with new tariffs

rss:nbcnewsus_mainstream38d ago kagi ↗

The Trump administration is imposing 50 percent tariffs on a variety of Canadian goods after trade talks between the U.S. and Canada collapsed late Friday night. NBC News’ Yamiche Alcindor breaks down what this means for Americans’ wallets.

Canada’s Carney refuses to take Trump’s ‘bait’, confronting US in trade war

rss:scmpinternational37d ago kagi ↗

Siding with Canadians weary of provocations from Washington, Prime Minister Mark Carney stood up to US President Donald Trump, rejecting what he called an “unfair” trade deal – a gamble that could prove economically risky. “We will not allow any nation to determine our future. We will set our own course to keep building Canada strong for all,” Carney said on Friday, as negotiations for a bilateral

🟢 @keithedwards US-canada Deal blows up at midnight!! Trade talks between the US and Canada collapsed after the US imposed 50% tariffs on roughly $20 billion of Canadian exports, leading Canada to an

mastodon:mstdn-socialother37d ago kagi ↗

🟢 @keithedwards US-canada Deal blows up at midnight!! Trade talks between the US and Canada collapsed after the US imposed 50% tariffs on roughly $20 billion of Canadian exports, leading Canada to announce dollar-for-dollar retaliatory tariffs starting September 8. https://www. youtube.com/watch?v=3WoO35kGdV4

Canada imposes dollar-for-dollar retaliatory tariffs on US steel and electronics after trade talks collapse Prime Minister Mark Carney vowed "dollar-for-dollar" retaliation after the US imposed 50 per

mastodon:mstdn-socialother37d ago kagi ↗

Canada imposes dollar-for-dollar retaliatory tariffs on US steel and electronics after trade talks collapse Prime Minister Mark Carney vowed "dollar-for-dollar" retaliation after the US imposed 50 percent levies on $20 billion worth of Canadian goods. https:// newsnews.ai/article/canada-us- retaliatory-tariffs-trade-war # Canada # UnitedStates # TradeWar

'Masters in our own home': Canada PM Carney explains why talks with US were suspended

rss:toi-topinternational37d ago kagi ↗

Canada has halted trade negotiations with the United States due to perceived inequities in demands, leading to the US imposing hefty tariffs on Canadian exports. In response, Canada has unveiled countermeasures to address these tariffs. Prime Minister Carney criticized the US for its unreasonable requests while providing insufficient concessions. This escalation raises alarms about the future of e

‘Canada wants benefits of being State’: Trump's 1st reaction after trade talks collapse

rss:toi-topinternational37d ago kagi ↗

In a significant turn of events, Canada has halted trade discussions with the United States due to last-minute demands deemed unreasonable. In retaliation, President Donald Trump has reignited his '51st state' comments while imposing tariffs. The US negotiation team mentioned that Canada declined to accept a tariff reduction proposal on critical products.

US-Canada trade dispute escalates after Carney announces retaliatory tariffs

rss:france24international37d ago kagi ↗

Canada and the US were closing in on a trade deal earlier this week until the negotiations fell apart. Both sides blame each other for last-minute changes to the terms. Canada’s Prime Minister Mark Carney has announced retaliatory tariffs on the United States after Washington imposed a 50 percent levy on 20-billion-dollars worth of Canadian goods. On Saturday, he addressed the nation for the first

‘No more!!!’: Trump lashes out after US-Canada talks devolve into trade war

rss:guardian-worldinternational37d ago kagi ↗

PM Mark Carney says ‘we got attacked’ as tariffs come into force on items from hockey sticks to tongue depressors Donald Trump has hit back at Canada after a breakdown in negotiations plunged the two countries into a trade war . In his first public comments since negotiations collapsed on Friday in Washington, the US president wrote on social media: “Canada wants the benefits of being a State, wit

Canada Digs In as US Trade Fight Escalates

rss:bloomberg-marketsus_mainstream37d ago kagi ↗

Joining Bloomberg This Weekend, Former Canadian Finance Minister Chrystia Freeland says Canada was right to walk away from a trade deal she argues would have harmed both countries, urging Ottawa not to back down and saying past retaliation against US tariffs proved effective. Freeland warns hosts David Gura and Christina Ruffini that Trump’s approach risks turning allies into “vassals” as Canada p

U.S. imposes 50% tariffs as Canada retaliates

kite:usaother37d ago kagi ↗

The United States imposed 50% tariffs on about $20 billion in Canadian products early Saturday after talks in Washington failed late Friday, and Canadian Prime Minister Mark Carney said Canada would respond with dollar-for-dollar counter-tariffs starting Sept. 8 [cbsnews.com#1][bbc.co.uk#1][arynews.tv#1][aaj.tv#1]. The new U.S. duties cover roughly 5.5% of Canadian exports to the United States, in

US warns Canada not to think it can win ‘devastating’ trade war

rss:scmpinternational37d ago kagi ↗

The Trump administration on Sunday warned that Canada would be “foolish” to think it could win a trade war with the United States, predicting a “devastating” impact on its northern neighbour. Negotiations between Washington and Ottawa broke down late Friday, putting into force new 50 per cent US tariffs impacting about US$20 billion worth of Canadian goods, or 5.5 per cent of Canadian exports to t

Canada sets Sept. 8 tariffs after U.S. talks fail

kite:businessother36d ago kagi ↗

Canada said it will impose dollar-for-dollar tariffs on U.S. goods starting Sept. 8 after trade talks with Washington collapsed late Friday and new 50% U.S. tariffs took effect on about $20 billion worth of Canadian goods on Saturday [cnbc.com#1][cbsnews.com#1][bbc.co.uk#1][arynews.tv#1][theguardian.com#3]. Prime Minister Mark Carney said Canada would target U.S. steel, dairy, appliances, agricult

Canada retaliates after Trump imposes 50% tariffs

kite:economyother36d ago kagi ↗

Canada said it will impose dollar-for-dollar tariffs on U.S. goods starting September 8 after trade negotiations with Washington collapsed late Friday and President Trump’s new 50% duties took effect on about $20 billion of Canadian exports to the United States, or about 5.5% of Canada’s exports to its southern neighbor [bbc.co.uk#1][arynews.tv#1][thenews.com.pk#1][taipeitimes.com#1]. Prime Minist

U.S.-Canada trade war intensifies

rss:cbsnewsus_mainstream36d ago kagi ↗

The U.S. and Canada are imposing tariffs on certain products after trade talks failed to materialize. CBS News' Weijia Jiang reports.

US Hits Canada With 50% Tariffs as Carney Vows to Retaliate

rss:bloomberg-politicsus_mainstream36d ago kagi ↗

US-Canada trade talks fell apart just before a midnight deadline, with 50% tariffs hitting billions of dollars of Canadian goods and Prime Minister Mark Carney vowing to retaliate in a dispute that looks poised to intensify. (Source: Bloomberg)

US-Canada trade war deepens as Trump threatens additional tariffs

rss:france24international36d ago kagi ↗

The US-Canada trade war shows no signs of easing. Canadian negotiators walked away from talks in Washington as Prime Minister Mark Carney accused the Trump administration of making disproportionate demands at the last minute. The US now is levying 50% tariffs on 20 billion dollars of Canadian goods, with Canada's retaliatory tariffs on US goods set to take effect in early September. The fight coul

Escalated U.S.-Canada trade talks threaten fallout

rss:axiosus_mainstream36d ago wire ×2 kagi ↗

America's path to lower inflation depends in part on trade wars and actual wars becoming less economically disruptive. In recent days, both have taken turns that threaten the opposite. Why it matters: A period of relative calm on those fronts is now giving way to renewed tensions, with Canada, China and Iran all posing fresh economic risks. What's going on : The U.S.-Canada trade fight is shaping

How will NY and New England do without Canadian Power??? Or will the US do without Canadian Rare Earths? "Escalated U.S.-Canada trade talks threaten fallout" # Taco # News # Politics # Nato # TradeWar

mastodon:mstdn-socialother36d ago kagi ↗

How will NY and New England do without Canadian Power??? Or will the US do without Canadian Rare Earths? "Escalated U.S.-Canada trade talks threaten fallout" # Taco # News # Politics # Nato # TradeWar # Canada # USA # Escalation # Europe # EU # Oil # UN # Election # Tariffs # Inflation # Economics https://www. axios.com/2026/08/24/canada-tr ade-inflation

Canada's opposition leader demands Carney reconvene parliament after US trade talks collapse

rss:thehillus_mainstream36d ago kagi ↗

Canadian opposition leader Pierre Poilievre pressed his country’s prime minister, Mark Carney, to reconvene the Canadian parliament amid trade tensions with the U.S. “As Canadians are vulnerable to an escalating trade war with the United States, Parliament must be reconvened. Canadians deserve answers on how trade talks collapsed, what tariffs will cost their families, and...

Mark Carney says Canada can’t accept US trade deal that would weaken French language

rss:guardian-worldinternational36d ago wire ×3 kagi ↗

Prime minister praised for rejecting US trade proposal as Trump shows little interest in retreating from dispute Are you a Canadian boycotting US products? We’d like to hear from you Mark Carney said on Monday that while American negotiators saw the French language in Canada as an “irritant … in Quebec, these are rights,” days after receiving widespread praise from political leaders for rejecting

What to know about US-Canada trade war impacts

rss:thehillus_mainstream36d ago kagi ↗

The burgeoning trade war between the U.S. and Canada will impact a slew of products that businesses in both countries import from one another. After trade talks between Trump administration officials and their Canadian counterparts broke down late last week, President Trump’s 50 percent levies on $20 billion worth of goods imported from America’s northern...

Lutnick’s Intervention in Canada Talks Draws Praise and Blame

rss:bloomberg-politicsus_mainstream36d ago kagi ↗

US-Canada trade talks collapsed after last-minute pressure from Commerce Secretary Howard Lutnick, according to people familiar with the matter, leaving President Donald Trump to impose new tariffs and Canadian Prime Minister Mark Carney vowing retaliation.

The potential economic fallout of Trump's trade war with Canada

rss:pbs-newshourus_mainstream36d ago kagi ↗

The trade war between the U.S. and Canada is intensifying after negotiations broke down over the weekend. Canadian Prime Minister Mark Carney said his country had been preparing for a fundamental shift in its relationship with the U.S., which it no longer views as a reliable partner. Geoff Bennett discussed the economic fallout on both sides of the border with Peter Armstrong of the CBC.

Really American (@reallyamerican)

stream:bsky-jetstreamother36d ago kagi ↗

substack.com/@reallyameri... BREAKING: As Trump moves forward with his insane tariffs on Canada, Prime Minister Mark Carney is already looking elsewhere. Carney says Canada will begin intense talks with the European Union this fa...

Mark Carney's defiance of Trump has Canada cheering

rss:axiosus_mainstream36d ago kagi ↗

Canadian Prime Minister Mark Carney has turned his decision to hold firm against President Trump's tariff threats into a rallying point for Canadians as their trade clash escalates. Why it matters: The mild-mannered former Bank of Canada and Bank of England governor is holding firm against Trump despite the threat of further economic pain for Canadians. Context: Carney campaigned on standing up to

What we know about how the Canada-U.S. trade talks fell apart | CBC News

stream:bsky-jetstreamother35d ago wire ×3 kagi ↗

A detailed description of what specifically blew up the US-Canada trade talks, that's not the AI generated bullshit that's been getting passed around in the past 48 hours. CBC citing Canada government sources. www.cbc.ca/news/politic... Prime Minister Mark Carney says one of the main reasons he walked away from a deal with the Trump administration is because Washington demanded terms that would "d

Canada-US Trade Talks Collapse As Ottawa Walks Away - PopularResistance.Org

stream:bsky-jetstreamother35d ago kagi ↗

popularresistance.org/canada-us-tr... The US has imposed a 50 percent tariff on $20 billion worth of Canadian goods, after last-minute trade talks between Washington and Ottawa fell apart late on 21 August. The two sides had been close to a deal earlier this week, with Canadian Prime Minister Mark Carney congratulating negotiators on making "significant progress" in the trade talks. According to U

Canada rejects U.S. trade deal, triggers tariff war

stream:bsky-jetstreamother35d ago kagi ↗

Canada — Prime Minister Mark Carney rejects U.S. trade deal, leading to escalating tariff war between Canada and the U.S. #Trump #Trade #Canada #US #News Prime Minister Mark Carney has rejected a U.S. trade deal, citing concerns over the impact on Canada’s largest industries. The decision came after failed negotiations with the Trump administration, wh… · Photo : USDAgov · CC BY · Flickr

Trump Revives Herbert Hoover’s Nightmare and Canada Fights Back

stream:bsky-jetstreamother35d ago wire ×2 kagi ↗

www.dailykos.com/stories/2026... Late Friday night, trade talks with Canada collapsed when Prime Minister Mark Carney — the former president of both the Bank of Canada and the Bank of England, a guy whose knowledge of economics and…

Canada to hit U.S. with retaliatory tariffs as trade war esc...

stream:bsky-jetstreamother35d ago kagi ↗

Trump whines Canada has 'ridiculously high tariffs' right before threatening 50% tariffs of his own, because only *his* protectionism is smart. The move comes after President Donald Trump threatened new 50% tariffs on Canadian vehicles, auto pa...

Donald Trump’s Summer of Screwing Our Allies

stream:bsky-jetstreamother35d ago kagi ↗

Donald Trump’s Summer of Screwing Our Allies Trump’s offensive against America’s friends has produced outrage in Italy, defiance in South Korea, and a renewed trade war with Canada.

What to know about Trump's tariffs on Canada and the escalating trade war

rss:france24international35d ago wire ×2 kagi ↗

Canada plans to respond to US President Donald Trump's new tariffs on Tuesday, as the once close neighbouring allies spiral into a trade war. Ottawa and Washington failed to reach a deal on Friday to avert new 50 percent US tariffs on select Canadian goods after weeks of talks.

As Canada prepares to retaliate in the trade war, what pain can it inflict the US?

rss:france24international35d ago kagi ↗

Canada said it will announce on August 25 its response to President Donald Trump's new tariffs, as neighbors that used to be close allies spiral into a trade war. This comes after representatives from both countries failed to come to an agreement that would avert new 50% US tariffs on a selection of Canadian goods, which started a few days earlier. FRANCE 24's Charles Pellegrin takes a look at wha

As U.S.-Canada trade talks collapse, Carney says retaliatory tariffs will start Sept. 8

stream:bsky-jetstreamother35d ago kagi ↗

'Carney says retaliatory tariffs will start Sept. 8. The U.S. imposed 50% tariffs on some Canadian products on Sat after trade talks between the two countries fell apart on Fri. In response, Canada said it would impose its own retaliatory tariffs beginning on Sept. 8.' www.cnbc.com/2026/08/22/u... New 50% Trump administration tariffs on some Canadian exports went into place after the U.S. and Cana

After US trade talks collapse, Canadians stand together against economic storm

stream:bsky-jetstreamother35d ago kagi ↗

“This is one of those instances when a country’s resolve to address something goes beyond simply dollars and cents.” abr.ge/ti1icp0 abr.ge/ti1icp0 Prime Minister Mark Carney hopes he can show that Canada can navigate geopolitical storms without ceding sovereignty to nations like the United States.

🔵 Canada Is ‘at War’ With U.S. Over Tariffs, and U.S.P.S. Publishes Plan to Restrict Ballots Canadian Prime Minister Mark Carney declared Canada is "at war" with the U.S. following failed trade negot

mastodon:mstdn-socialother35d ago kagi ↗

🔵 Canada Is ‘at War’ With U.S. Over Tariffs, and U.S.P.S. Publishes Plan to Restrict Ballots Canadian Prime Minister Mark Carney declared Canada is "at war" with the U.S. following failed trade negotiations and new 50% tariffs on Canadian goods, announcing plans for dollar-for-dollar retaliation. Meanwhile, the U.S. Postal Service finalized plans to restrict mail-in voting by withholding ballot d

Carney bucks Trump as trade war escalates

stream:bsky-jetstreamother35d ago kagi ↗

Canada walks away from trade talks with USA, threatens retaliatory tariffs: www.politico.com/news/2026/08... Canadians rallied around the prime minister's vow to retaliate against new tariffs.

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

stream:bsky-jetstreamother35d ago kagi ↗

Canada will do better against Trump with a united front. That's one reason why Albertan's need to vote against separation! cbc.ca/news/canada/edmonton/alberta-smith-tariff-response-9.7319147 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...

NEW: Canada will impose tariffs of up to 50% on about 700 U.S. products starting Sept. 8, retaliating after trade talks collapsed and the U.S. raised tariffs on Canadian goods. Steel and aluminum will

tg:clashreportother35d ago kagi ↗

NEW: Canada will impose tariffs of up to 50% on about 700 U.S. products starting Sept. 8, retaliating after trade talks collapsed and the U.S. raised tariffs on Canadian goods. Steel and aluminum will face 50% tariffs, while cars remain at 25%. The measures cover roughly $20 billion in U.S. imports.

Lutnick's last-minute demands derailed Canada trade talks: Reports

rss:thehillus_mainstream35d ago wire ×2 kagi ↗

Commerce Secretary Howard Lutnick’s interventions in the U.S.-Canada trade talks helped the weeks-long negotiations fall apart, according to multiple reports, thrusting the two countries into a trade war. U.S. and Canadian officials had felt good about an outline of a trade deal struck last Tuesday ahead of the original Wednesday deadline. President Trump took to...

Mark Carney explains how trade talks fell apart with U.S. | Full speech

stream:bsky-jetstreamother35d ago kagi ↗

Trump weaponizing #tariffs to hurt our allies AND Americans is foolish. Canada’s PM Mark Carney’s is the ONLY adult in a rubber room. He refuses to capitulate to an autocratic bully, surrounded by sycophants who ignore a Supreme Court determined to make him a king. youtu.be/IhaUiFxDbFM?... YouTube video by National Post

Trump's trade threats spiral out of control as Canada slaps down 100 pages of tariffs

stream:bsky-jetstreamother35d ago wire ×2 kagi ↗

Trump's trade threats spiral out of control as Canada slaps down 100 pages of tariffs www.rawstory.com/canada-retal... President Donald Trump spent Tuesday morning threatening Canada online while Ottawa put a nearly 100-page tariff schedule on the calendar he cannot stop.Four Canadian cabinet ministers announced the r...

Canada Premier announces retaliatory tariffs after U.S. trade talks collapse

stream:bsky-jetstreamother35d ago kagi ↗

“Trump imposes tariffs on Canadian imports as Canada vows $20 billion retaliation” — see every side of this story on RUSH Newstream https://beta.rushnewstream.com/event/evt_fabea451babd2a98 President Trump announced a 50% tariff on Canadian automobiles, trucks, auto parts and steel effective Jan. 1, 2027 after trade talks collapsed. Canadian Prime

Canada just announced new tariffs on US goods. Here’s how the growing trade war could hurt Americans | CNN Business

stream:bsky-jetstreamother35d ago kagi ↗

Wow! More than I expected! 👍🇨🇦 Canada just announced new tariffs on US goods. Here’s how the growing trade war could hurt Americans www.cnn.com/2026/08/25/b... On September 8, Canada is set to enact tariffs ranging from 15% to 50% on over 700 American goods in an effort to match US tariffs dollar for dollar, Canadian officials announced on Tuesday.

Hillary Clinton says Republicans ‘secretly cheering’ for Mark Carney amid US-Canada trade negotiation

rss:thehillus_mainstream35d ago kagi ↗

Former Secretary of State Hillary Clinton claimed that Republicans are “secretly cheering” for Canadian Prime Minister Mark Carney amid tension between Washington and Ottawa over trade. “I can't imagine that even in the Republican cloakroom in the Senate, there's much enthusiasm for going into a trade war with Canada," Clinton said Monday night during an...

Canada Doubles Tariffs on US Steel Products up to 50% | Balance of Power: Late Edition 08/25/2026

rss:bloomberg-politicsus_mainstream35d ago kagi ↗

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Ontario Premier Doug Ford says Canada should answer US tariffs “tariff for tariff and dollar for dollar,” but urges President Donald Trump and Prime Minister Mark Carney to reach a fair agreement. Sen. Ted Cruz (R-TX) says tariff threats should be used to open markets, lower trade barrier

Canada imposes tariffs of up to 50% on billions in U.S. imports

rss:cbsnewsus_mainstream35d ago kagi ↗

A deepening trade war between the U.S. and Canada is once again driving up the cost of goods crossing the northern border. After the Trump administration imposed a 50% tariff on many Canadian products, Canada hit back with import taxes on billions of American-made goods. Nancy Cordes reports.

US Weighs More Trade Measures Against Canada

rss:bloomberg-politicsus_mainstream34d ago kagi ↗

The Trump administration is discussing additional trade penalties against Canada after Prime Minister Mark Carney unveiled dollar-for-dollar retaliation to new tariffs imposed by the US. (Source: Bloomberg)

Trump Administration Prepares Next Move as Canada Trade War Spirals

rss:bloomberg-politicsus_mainstream34d ago kagi ↗

The Trump administration is discussing additional trade penalties against Canada after Prime Minister Mark Carney unveiled dollar-for-dollar retaliation to new tariffs imposed by the US. The threat underscores the prospect of a spiraling trade war between the two nations. Bloomberg's Jill Disis breaks down the situation. (Source: Bloomberg)

Wiped out: US faces surging toilet paper prices amid trade war with Canada

rss:guardian-worldinternational34d ago kagi ↗

Paper products among hardest-hit sectors after trade negotiations broke down, with 25-50% tariffs estimated Are you a Canadian boycotting US products? We’d like to hear from you Using the bathroom or having a cry is about to become more expensive for North Americans as the US and Canada enter a full-fledged trade war that threatens to flush away decades of peaceful trading between the two nations.

Latest details in Trump's tariff war with Canada

rss:cbsnewsus_mainstream34d ago kagi ↗

U.S. trade talks with Canada fell apart. Now, Canada will levy retaliatory tariffs on the U.S. in reaction to President Trump's heavy tariffs. CBS News' Aaron Navarro has more.

Carney faces ticking clock on Canadian support for tough tactics with Trump

rss:straitstimes-worldinternational34d ago kagi ↗

OTTAWA, Aug 26 - Prime Minister Mark Carney has the support of most Canadians after breaking off trade talks with the U.S., but widespread approval of his pushback against U.S. President Donald Trump could disappear within months as the consequences of the trade war sink in.

How to lose Trump’s trade war: Test Canada’s resolve with threats to hockey sticks

rss:guardian-worldinternational34d ago kagi ↗

The US president expected Ottawa to bow to tariff demands, but Canada is striking back – and it could cost Americans This was originally published in This Week in Trumpland. Sign up to receive it in your inbox every Wednesday Earlier this year a survey found that Canada , along with Switzerland , was the best-liked country in the world. We all know this kind of polling is about as scientific as a

Trump administration won't 'just sit down and take' further retaliation from Canada: Trade rep

rss:thehillus_mainstream33d ago kagi ↗

U.S. Trade Representative Jamieson Greer on Wednesday said the Trump administration would not “just sit down and take” further retaliation from Canada after Ottawa introduced a dollar-for-dollar match on U.S. tariffs. “If there's further retaliation from the Canadian side, we, of course, we're not going to just sit down and take that. Our view is...

Collins urges US to return to trade talks with Canada

rss:thehillus_mainstream33d ago kagi ↗

Sen. Susan Collins (R-Maine) on Thursday again pressed for the U.S. to return to talks with Canada amid the escalating trade war between two countries. Collins, who has previously criticized the 50 percent tit-for-tat tariffs both countries imposed after negotiations failed last weekend, said in a post on the social platform X Thursday afternoon that...

Canada sets retaliatory tariffs after U.S. trade talks collapse

kite:businessother33d ago kagi ↗

Canada announced retaliatory tariffs of 15% to 50% on hundreds of U.S. products after trade talks with the United States collapsed and President Trump imposed 50% tariffs on roughly $20 billion of Canadian goods [theconversation.com#1][pakobserver.net#1][nhandan.vn#1][cnyes.com#1][e24.no#1]. Ottawa said its countermeasures will take effect Sept. 8 and cover sectors including steel, dairy products,

US‑Canada Trade War Deepens as Trump Revives Depression‑Era Trade Tool – What’s at Stake for Consumers and the Midterms https://www. nakedcapitalism.com/2026/08/us %e2%80%91canada-trade-war-deepens-as

mastodon:mstdn-socialother32d ago kagi ↗

US‑Canada Trade War Deepens as Trump Revives Depression‑Era Trade Tool – What’s at Stake for Consumers and the Midterms https://www. nakedcapitalism.com/2026/08/us %e2%80%91canada-trade-war-deepens-as-trump-revives-depression%e2%80%91era-trade-tool-whats-at-stake-for-consumers-and-the-midterms.html

Tariffs Could Bring Canada Auto "To Its Knees"

rss:bloomberg-marketsus_mainstream32d ago kagi ↗

President Trump vowed this week to hike tariffs on Canadian cars, trucks, automotive parts, and steel to 50% at the start of next year as part of an ongoing trade war threat with the country. Linda Hasenfratz, Executive Chair of Linamar, says that after decades of free trade in automotives between he US and Canada, the implementation of such high tariffs would "cripple the industry." (Source: Bloo

US-Canada trade war escalates after talks collapse

kite:businessother31d ago kagi ↗

The U.S.-Canada trade dispute escalated after trade talks collapsed in August, with President Trump imposing 50% tariffs on about $20 billion of Canadian imports and Ottawa pledging dollar-for-dollar retaliation [bloomberg.com#1][nytimes.com#1][faz.net#1][aawsat.com#1][abcnews.com#1][seattletimes.com#1]. Washington has tied the measures to alleged Canadian barriers affecting U.S. dairy, auto and a

US Canada Trade Fight Shows Few Signs of Easing

rss:bloomberg-politicsus_mainstream31d ago kagi ↗

The US and Canada appear to be headed for a prolonged trade standoff, with no current negotiations and Canadian officials expecting serious talks may not resume until after the US midterm elections. Bloomberg News White House Correspondent Jeff Mason and Bloomberg News Executive Editor for Canada Derek Decloet are on Bloomberg This Weekend with Christina Ruffini and Bailey Lipschultz to discuss th

Canada Pushes Back as US Trade Tensions Rise

rss:bloomberg-politicsus_mainstream30d ago kagi ↗

US Canada trade negotiations remain stalled as Prime Minister Mark Carney maintains a tougher stance against President Donald Trump and retaliatory Canadian tariffs approach. On Bloomberg This Weekend, Bloomberg News White House Correspondent Jeff Mason also discusses recent departures from Trump’s White House, including press secretary Karoline Leavitt, as the administration heads toward the midt

Canada retaliates after U.S. imposes 50% tariffs

kite:economyother29d ago kagi ↗

Canada and the United States escalated their trade dispute after talks collapsed on August 21 and Washington imposed 50% tariffs on about C$28 billion, or roughly $20 billion, of Canadian goods starting August 22 [bbc.co.uk#1][dw.com#1][ltn.com.tw#1][readthemaple.com#1]. Prime Minister Mark Carney said Ottawa would respond with "dollar-for-dollar" counter-tariffs on U.S. imports, with measures sch

Canada plans retaliation after Trump sets 50% tariffs

kite:businessother29d ago kagi ↗

Canada and the United States escalated their trade dispute after talks collapsed on Aug. 21 and the Trump administration imposed 50% tariffs on about $20 billion, or C$28 billion, of Canadian goods [dw.com#1][bbc.co.uk#1][ltn.com.tw#1][asiatimes.com#1]. Prime Minister Mark Carney suspended talks and said Ottawa would answer “dollar for dollar,” with Canadian retaliatory tariffs scheduled to start

Tariffs spat: Carney bets Canada can defy Trump

rss:dw-allinternational29d ago kagi ↗

Canada faces new US import penalties after Prime Minister Mark Carney refused to match US tariffs on China. Other countries are watching as the Trump trade clash turns into a fight over economic sovereignty.

Canada's Carney holds firm against Trump tariffs

rss:dw-allinternational29d ago kagi ↗

Canada is facing new US import penalties after Prime Minister Mark Carney refused to match US tariffs on China. Other countries are watching as the Trump trade clash turns into a fight over economic sovereignty.

🟡 @harryjsisson Fed Up Canada Drops bomb On DT Canada retaliated against DT's trade policies by suspending trade negotiations and imposing retaliatory tariffs of up to 50% on hundreds of U.S. product

mastodon:mstdn-socialother29d ago kagi ↗

🟡 @harryjsisson Fed Up Canada Drops bomb On DT Canada retaliated against DT's trade policies by suspending trade negotiations and imposing retaliatory tariffs of up to 50% on hundreds of U.S. products, while Ontario Premier Doug Ford advocated for additional targeted tariffs on pro-DT U.S. states. https://www. youtube.com/watch?v=mCcp0qGo0kI

America 'not at war' with Canada, insists U.S. Treasury Secretary Scott Bessent

lemmy:lemmy-worldother29d ago kagi ↗

United States Treasury Secretary Scott Bessent insisted his country is "not at war" with Canada, then proceeded to mock the threat Canada could pose to his country with "submarines from the Edmonton mall." The secretary also suggested Prime Minister Mark Carney was to blame for the current "political shouting match" between the two countries because keeping the fight alive is good for his poll num

Canada's Carney conditions US trade talks on 'serious' approach

kite:economyother28d ago kagi ↗

Canadian Prime Minister Mark Carney said on Sept. 1 that trade talks with the United States could resume only if President Trump’s administration took a more serious approach, after Canada left negotiations on Aug. 21 over what it called unacceptable last-minute U.S. demands [aawsat.com#1][thehindu.com#1][wral.com#1][abcnews.com#1]. Carney said there was still a chance for a mutually beneficial ag

Mark Carney tells US to ‘start being serious’ amid escalating trade war

rss:guardian-worldinternational28d ago kagi ↗

Canadian PM is set to retaliate against tariffs levied by Donald Trump and criticized US officials over insults US politics live – latest updates Mark Carney has rebuked Donald Trump’s administration and urged officials in Washington to “start being serious” amid escalating trade tensions between the US and Canada. Days before Canada is due to retaliate against Trump’s sweeping tariffs with its ow

No negotiations with Canada right now: US trade rep

rss:thehillus_mainstream28d ago kagi ↗

U.S. Trade Representative Jamieson Greer said there are no trade negotiations happening with Canada after they fell apart last month and tariffs from the Trump administration on Canadian goods went into effect. “It’s more their emergency than ours,” Greer said, according to a Tuesday report from Politico, discussing trade tensions with Canada. “There are no...

House Republicans press Trump trade official over beef imports, Canada

rss:thehillus_mainstream27d ago kagi ↗

U.S. Trade Representative Jamieson Greer faced questions from Republican lawmakers during a closed-door meting on Wednesday about the Trump administration’s trade stalemate with Canada and its controversial decision to lower beef import tariffs. Greer attended a regular weekly lunch meeting with Republicans to discuss various parts of the administration’s trade agenda, a discussion that comes...

Trump imposes 50% tariffs on Canadian goods

kite:economyother26d ago kagi ↗

President Trump's administration imposed 50% tariffs on US$27.6 billion of Canadian goods after U.S.-Canada trade talks collapsed on Aug. 22, and Canadian Prime Minister Mark Carney announced dollar-for-dollar retaliatory tariffs [channelnewsasia.com#1][wctrib.com#1]. Trump accused Canada on social media of "ripping off the US for years" and being "among the worst nations in the world to deal with

Canada-U.S. Trade War: 41% of Canadians Now See the United States as an Enemy

lemmy:lemmy-worldother24d ago kagi ↗

[Report](https://leger360.com/wp-content/uploads/2026/09/OMNI_tradewar_aug2026_10018480.pdf)(PDF). > - 41% of Canadians consider the United States an enemy country, compared with 22% who consider it an ally and 22% a neutral country. The share saying “enemy” has risen 15 points since June 2025. > - 64% say their impression of the United States would change if Donald Trump were no longer president,

Live updates: Canadian retaliatory tariffs loom; Big Tech opposition grows as midterms approach

rss:thehillus_mainstream22d ago kagi ↗

Monday is the last day before Canada's "dollar for dollar" retaliatory tariffs are set to go into effect, two weeks after President Trump put 50 percent levies on $27.6 billion worth of Canadian products. There have not been reports of renewed negotiations between the two countries. “Canada’s Dollar imbalance with the U.S. is unacceptable,” Trump...

‘Nothing But Headaches’: Vermont Businesses Decry Canada Tariffs

stream:bsky-jetstreamother22d ago kagi ↗

"The US had a trade deficit in goods of $55 billion with Canada last year because the US imports more than 4 million barrels a day of crude and petroleum products. Excluding energy, the US has a trade surplus with its northern neighbor. " www.bloomberg.com/news/article... They went to the podium, one after another — a ski-resort operator, a cheesemaker, a man who sells snow-grooming equipment and

Canada set to hit back at Trump tariffs, risking wider trade war

rss:scmpinternational22d ago kagi ↗

Canada is poised to impose tariffs of 15 per cent to 50 per cent on hundreds of products from the US on Tuesday, as Prime Minister Mark Carney bets that standing up to US President Donald Trump will eventually help Ottawa’s negotiating position with its biggest trading partner. Barring a last-minute reprieve, Carney’s government will increase the import tax on many US steel items to 50 per cent fr

Why this could be the ‘most important’ week of the Canada-U.S. trade war

stream:bsky-jetstreamother22d ago kagi ↗

Why this could be the ‘most important’ week of the Canada-U.S. trade war www.ctvnews.ca/world/trumps... With Canadian counter-tariffs set to come into effect just after midnight on Tuesday, Canada and the U.S. could be entering the ‘most important’ week yet in their ongoing trade dispute.

Canada’s retaliatory US tariffs set to take effect as trade dispute grows

rss:guardian-worldinternational22d ago kagi ↗

Counter-measures covering several sectors come after Trump announced 50% tariffs on Canadian goods Canada is set to impose retaliatory tariffs on billions of dollars’ worth of American imports early on Tuesday, escalating a trade fight with its largest trading partner as tensions between US president Donald Trump and Canadian prime minister Mark Carney intensify. The tariffs, which take effect at

Canada imposes $20 billion in tariffs on U.S. goods

kite:businessother21d ago kagi ↗

Canada’s retaliatory tariffs took effect just after midnight Tuesday, imposing 15%, 25% and 50% duties on about $20 billion, or C$27.6 billion, in U.S. imports after President Trump imposed 50% tariffs on a similar value of Canadian goods [cbsnews.com#1][bbc.co.uk#1][theguardian.com#1][rte.ie#1][aljazeera.com#1][dawn.com#1][nation.com.pk#1]. The Canadian measures target hundreds of products, inclu

Canada imposes tariffs on $20 billion in U.S. goods as Trump targets Bombardier

kite:worldother21d ago kagi ↗

Canada's retaliatory tariffs on U.S. goods took effect at 12:01 a.m. ET on Tuesday, applying duties of 15%, 25% and 50% to about $20 billion in American imports after trade talks with Washington collapsed in late August [theguardian.com#1][dawn.com#1][aljazeera.com#1][bbc.co.uk#1][npr.org#1]. Ottawa said the measures respond to President Trump's 50% tariffs on a similar value of Canadian goods tha

Canada's retaliatory tariffs take effect as US trade talks stall

rss:straitstimes-worldinternational21d ago wire ×2 kagi ↗

OTTAWA, Sept 8 - Canada's retaliatory tariffs on U.S. goods took effect just after midnight on Tuesday as Prime Minister Mark Carney increased economic pressure on his country's biggest trading partner after negotiations collapsed last month, intensifying an 18-month-old trade war.

Canada Imposes Tariffs Up to 50% on the US

rss:bloomberg-marketsus_mainstream21d ago kagi ↗

Canada imposed tariffs of 15% to 50% on hundreds of products from the US as Prime Minister Mark Carney bets that standing up to President Donald Trump will help Ottawa's negotiating position. Bloomberg's Rosalind Mathieson has the context. (Source: Bloomberg)

Canada imposes tariffs on $20 billion in U.S. goods

kite:usaother21d ago wire ×2 kagi ↗

Canada’s retaliatory tariffs on about $20 billion in U.S. goods took effect just after midnight Tuesday, with duties of 15%, 25% and 50% on hundreds of products including steel, aluminum, cheese, appliances, clothing, cosmetics and farm equipment [npr.org#1][cbsnews.com#1][theguardian.com#1][bbc.co.uk#1][aljazeera.com#1]. Ottawa said the measures match Washington’s latest tariffs “dollar for dolla

Canada Trade War Escalates; Rising Fuel Prices Impact Americans

rss:nbcnewsus_mainstream21d ago kagi ↗

Canadian retaliatory tariffs on some 700 American products are going into effect as the trade war intensifies. It comes less than two months until the November midterms, with the ongoing war with Iran, tariffs and spiking gas prices on the minds of American voters. NBC’s Garrett Haake reports for TODAY.

Live updates: Canadian tariffs take effect as Trump threatens Bombardier

rss:thehillus_mainstream21d ago kagi ↗

Canada's retaliatory tariffs against the U.S. went into effect at midnight Tuesday, affecting hundreds of goods, including steel and aluminum, appliances and electronics and wood, pulp and paper products. There are no reports of negotiations between the two countries. The Trump administration levied 50 percent tariffs on $27.6 billion worth of Canadian goods two weeks...

Canada's Carney Takes Calculated Risk in US Trade War

rss:bloomberg-politicsus_mainstream21d ago kagi ↗

Canada imposed tariffs of up to 50% on hundreds or products from the US as Prime Minister Mark Carney bets that standing up to President Donald Trump will help with Ottawa's negotiating position. It's not clear how the US will respond to this move yet. Bloomberg's Derek Decloet reports. (Source: Bloomberg)

Trump's next trade weapon

rss:axiosus_mainstream21d ago kagi ↗

Trump is reaching for a more drastic trade war weapon, with new threats to shut foreign goods out of the U.S. altogether. Why it matters: It would mark a significant evolution of the administration's trade agenda, with potentially bigger economic fallout than the tariffs that have defined it so far. Trump may also have firmer legal footing for some import bans than emergency tariffs. Federal trade

Carney: Canada relied 'too much' on 'easy' economic ties with US

rss:thehillus_mainstream21d ago kagi ↗

Canadian Prime Minister Mark Carney said Tuesday his country has overrelied on "easy" economic ties to the U.S., a take he shared as his retaliatory tariffs on American goods went into effect. “The past 40 years has been a period of deeper economic integration with the United States. Truth is, it was easy business, but...

Canada PM stands his ground as Ottawa's retaliatory tariffs on US goods take effect

rss:france24international21d ago kagi ↗

Canadian Prime Minister Mark Carney said it was a shame that trade talks with the US collapsed but that he would continue to fight to protect Canada's sovereignty, as his government's promised counter-tariffs on $20 billion worth of US exports took effect. Also in the segment, Cuba says economic damage from decades of US trade embargo has risen to a record $8 billion.

Trump bans some Canadian imports as North America trade war intensifies

rss:axiosus_mainstream21d ago kagi ↗

President Trump said the U.S. would ban Canadian alcohol, some dairy products and large motorcycles, sharply escalating a trade war largely fought with tariffs . Why it matters: The measures deepen the economic rift between countries that have spent decades interlinking commerce, threatening disruption for businesses and consumers on both sides of the border. Zoom in: The import bans take effect S

US Escalates Trade War With Canada

rss:bloomberg-politicsus_mainstream20d ago kagi ↗

The US escalated its trade war with Canada following Ottawa’s tariff retaliation. Washington moved to block imports of some products while placing new tariffs on others, as well as seeking to bar Canadian companies from selling to government contractors. Bloomberg's Rosalind Mathieson reports. (Source: Bloomberg)

Security Council, 10219th Meeting (PM) Yemen

rss:un-pressprimary19d ago kagi ↗

The Security Council will hold a briefing this afternoon on Yemen following Houthi missile and drone attacks against Saudi Arabia. Bahrain and the United Kingdom, the Council’s penholder on Yemen, requested the meeting. UN Special Envoy Hans Grundberg is expected to brief. Saudi Arabia and Yemen will participate under rule 37, which allows States that are not Council members to join discussions wi

Canada weighs restraint after Trump expands trade curbs

kite:economyother19d ago kagi ↗

Prime Minister Mark Carney said Canada is still studying President Trump's latest tariffs and import bans, but signaled Ottawa may hold off on further retaliation after calling the new U.S. measures “relatively modest” compared with earlier actions [bloomberg.com#1][castanet.net#1][winnipegfreepress.com#1][livemint.com#1][lethbridgeherald.com#1][abcnews.com#1][newsday.com#1]. Speaking at a cabinet

Carney: Latest Trump trade moves 'relatively modest'

rss:thehillus_mainstream18d ago kagi ↗

Canadian Prime Minister Mark Carney said Thursday President Trump’s latest round of tariffs is “relatively modest” compared to the United States' past moves. When talking with reporters at a cabinet retreat in Banff, Alberta, Carney was asked if Canada was going to retaliate to added U.S. tariffs. Carney said that this government was analyzing the...

President Trump threatens Canada trade pact as talks stall

kite:businessother17d ago kagi ↗

Canada is the largest foreign buyer of U.S. goods, the second-largest export market for American farmers after Mexico, and receives most U.S. products duty-free under the North American trade pact [abcnews.com#1][seattletimes.com#1]. The countries remain involved in a tariff dispute. President Trump said on Sept. 12 that a new trade deal with Canada could come “fairly soon,” though it was unclear

Trump Tariffs Face a Canada Test

rss:bloomberg-technologytech15d ago kagi ↗

Canada is pushing back against President Trump’s tariff strategy, but without shutting the door on negotiations. PIIE’s Mary Lovely explains why Mark Carney may have found the limits of US trade leverage and warns that America’s closest partners could increasingly diversify away from the U.S. (Source: Bloomberg)

How Canada’s Trump headache is fuelling a China trade boom

rss:scmpinternational14d ago kagi ↗

Canada’s exports to China jumped by 30.1 per cent in the first half of 2026, led by crude oil, copper and other energy and mineral products, as Ottawa stepped up efforts to diversify trade ties amid growing tensions with its largest trading partner, the United States. Exports to China reached C$21.74 billion (US$15.63 billion) over the period, marking the highest first-half value since 1997, accor