U.S. Slaps 50% Tariffs on Canadian Goods; Canada Retaliates

The U.S. imposed 50% tariffs on Canadian goods August 22, 2026, after trade talks failed. Canada countered with retaliatory tariffs on U.S. steel, dairy, appliances, farm equipment, pulp and paper, and electronics, effective September 8. The clash follows 18 months of dispute over Canada's dairy supply management and provincial alcohol distribution systems.