Canada Plans Massive Tax on American Goods in Trade Fight With US

Canada will tax American goods entering its country starting September 8, 2026, hitting 700 products. The plan starts at US$20.6 billion and could reach US$106 billion — covering much of what the US sells to Canada. Think of it as a surcharge at the border. This follows the US taxing Canadian goods at 50% and Trump's vow to double car-related taxes by January 2027.