New tariffs have kicked in on U.S. imports from Canada after trade talks collapsed. Canada intends to set retaliatory tariffs starting in September. Here’s what to know about the new levies.

The U.S. is levying a 50% charge on Canadian imports including wine, hockey sticks, cement, and paper and textile products. Ottawa has pledged retaliation. 2026-08-22 18:59:00 Gavin Bade

Continue ReadingNew tariffs have kicked in on U.S. imports from Canada after trade talks collapsed. Canada intends to set retaliatory tariffs starting in September. Here’s what to know about the new levies.

Prime Minister Mark Carney on Saturday said Canada would impose dollar-for-dollar tariffs on U.S. goods in retaliation for U.S. tariffs on Canadian exports that went into effect early in the morning

The tit-for-tat retaliation risks escalation into an all-out trade conflict and threatens to further unravel deteriorating ties between the two allies. 2026-08-22 16:42:00 Amanda Coletta

Continue ReadingPrime Minister Mark Carney on Saturday said Canada would impose dollar-for-dollar tariffs on U.S. goods in retaliation for U.S. tariffs on Canadian exports that went into effect early in the morning

Trade talks between the U.S. and Canada broke down on Friday, officials from both countries said, paving the way for the U.S. to impose 50% tariffs on about $20 billion worth of Canadian goods and risking an all-out trade war

Negotiations between the neighboring countries broke down Friday night and Ottawa threatened to retaliate. 2026-08-22 04:06:00 Amanda Coletta

Continue ReadingTrade talks between the U.S. and Canada broke down on Friday, officials from both countries said, paving the way for the U.S. to impose 50% tariffs on about $20 billion worth of Canadian goods and risking an all-out trade war