Canada strikes back at U.S. with retaliatory tariffs as trade war escalates
The new tariffs hit American steel, farm equipment, seafood, cheese, clothing, cosmetics, toilet paper and more, with some facing duties as high as 50%.
The new tariffs hit American steel, farm equipment, seafood, cheese, clothing, cosmetics, toilet paper and more, with some facing duties as high as 50%.
Canada ranks as the third largest source of U.S. imports, with more than $380 billion worth of goods brought over the border in 2025.
Trade talks with Canada collapsed late Friday night, setting in motion steep 50% tariffs on a wide swath of Canadian goods.
After trade negotiations crumbled at the eleventh hour, U.S. President Donald Trump's 50% tariffs on scores of Canadian imports kicked in Saturday.
The Trump administration imposed tariffs on more than 60 countries, citing alleged unfair trade practices and labor enforcement concerns.
The United States will slap taxes of 10% to 12.5% on imports from 60 countries accounting for 99% of U.S. imports.
Trump has imposed 50% tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against U.S. autos, alcohol and dairy products.
Trump plans to appeal the Supreme Court ruling and only allow companies that filed lawsuits to receive tariff refunds.
At issue are temporary 10% worldwide tariffs the administration imposed after the Supreme Court in February struck down even broader double-digit tariffs by…
At issue are temporary 10% worldwide tariffs the administration imposed after the Supreme Court in February struck down even broader double-digit tariffs by…