gg2
Trump adds 50% Canada tariffs
The gist
Trump's 50% tariffs on Canadian goods took effect after trade talks failed.
Canada is retaliating dollar-for-dollar, so consumers and industries on both sides face higher costs.
How it unfolded
- Aug 18, 2026The White House announced Canada will also face import bans on alcoholic beverages, dairy and motor vehicles.
- Aug 22, 2026Trump's 50% tariffs on some Canadian goods took effect at 12:01 a.m. ET Saturday after the U.S. and Canada failed to reach a trade deal; the tariffs targeted dozens of products from hockey sticks to wine.
- Aug 22, 2026Canadian Prime Minister Mark Carney announced late Friday that Canada was suspending trade talks, citing 'last-minute changes' to U.S. terms he called 'unfair' and 'uneconomic'; he said the 50% tariff would apply to roughly $28 billion of Canadian goods and Canada would match the U.S. 'dollar for dollar,' with retaliatory tariffs effective Sept. 8.