August 24, 2026 8:30 AM
Canada to retaliate for US tariffs, worsening ties after talks fail
Canada will impose tariffs on some U.S. goods in retaliation for 50% levies ordered by President Donald Trump on Canadian products, Prime Minister Mark Carney said on Saturday, after trade talks collapsed between the two neighbors. The "dollar for dollar" tariffs on imports of U.S. steel, electronics and other products, to take effect on September 8, mark a further worsening of relations between the longtime allies and major trading partners. The two countries failed to reach a trade deal late...


