U.S. Slaps 50% Tariffs on $20 Billion in Canadian Goods as Trade Wall Widens

On July 20, 2026, the U.S. imposed 50% tariffs on $20 billion of Canadian products, including wine, per Reuters. On July 22, 25% tariffs on most Brazilian imports take effect. The duties span three continents — Canada, Brazil, and a proposed 12.5% levy covering 60 economies. Importers face higher costs or pass-through to consumers.