New 50% Tax on Canadian Goods Hits Store Shelves

New 50% Tax on Canadian Goods Hits Store Shelves

On July 20, 2026, President Trump placed a 50% tariff — a tax on imports — on Canadian wine, hockey sticks, and cement, starting in 30 days. Officials blamed Canada for unfair treatment of U.S. cars, dairy, and alcohol. Importers and stores will likely raise prices to cover the cost.

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