Topline
Canada announced on Tuesday 50% tariffs on hundreds of U.S. products worth about $20 billion in imports—mirroring the rate and scope of the taxes imposed by President Donald Trump on Canadian products over the weekend.
Canadian Prime Minister Mark Carney greets workers as he arrives for a news conference at Davie Shipyard in Levis, Quebec, Canada on August 24, 2026. (Photo by ANDREJ IVANOV / AFP via Getty Images)
AFP via Getty Images
Key Facts
The taxes will take effect Sept. 8.
They include doubling the tariff rate for steel and aluminum to 50%.
This is a developing story and will be updated.
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