U.S. Threatens 50% Tariffs on Canadian Steel and Aluminum After Trade Talks Collapse

Trade talks between Washington and Ottawa stalled, and the U.S. threatened 50% tariffs on Canadian steel and aluminum imports, the Wall Street Journal reported August 23, 2026. No pathway to renewed negotiations has been announced. A 50% duty would far exceed prior Section 232 tariff rates and could trigger retaliation from Ottawa.