The U.S. plans to impose 50% tariffs on $20 billion worth of Canadian products after negotiations between the two countries failed. The Canadian prime minister said he would match the tariffs "dollar for dollar." Olivia Rinaldi has more.
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A proposed 50% tariff on some Canadian goods is only one piece of a shifting trade policy that could affect prices, businesses and congressional power.
This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: President Donald Trump’s planned Canada tariffs are off — for now.
On Tuesday, President Donald Trump said he was delaying increased tariffs on goods from Canada. But whether or not the sweeping tariffs eventually are implemented, Trump’s policies have inflicted irreparable damage.
The trade war between Washington and Ottawa is once again escalating. On Saturday, the US implemented 50% tariffs on certain Canadian goods, just hours after Donald Trump claimed he had a good relationship with his Canadian counterpart and that he thought a deal could be reached.
President Donald Trump’s 50% tariffs on a range of Canadian goods took effect early Saturday after the United States and Canada failed to finalize a trade agreement, according to a report from ABC News. Senior Trump administration officials confirmed the new duties began at 12:01 a.m.
The U.S. plans to impose 50% tariffs on $20 billion worth of Canadian products after negotiations between the two countries failed. The Canadian prime minister said he would match the tariffs "dollar for dollar." Olivia Rinaldi has more.
CHICAGO (AP) — President Donald Trump’s barrage of tariffs — and threats of even more — has strained the United States’ longstanding relationship with Canada. Over the course of his second term in office, Trump has threatened Canada’s economy and sovereignty with steep new import taxes on its goods.
The new levies are expected to affect about 5% of Canada's annual exports to the U.S., roughly $20 billion in goods ranging from hockey sticks to agricultural products.
The Trump administration is imposing 50 percent tariffs on a variety of Canadian goods after trade talks between the U.S. and Canada collapsed late Friday night. NBC News’ Yamiche Alcindor breaks down what this means for Americans’ wallets.
Donald Trump has accused Canada of treating US farmers unfairly for years as a trade standoff between Ottawa and Washington escalates. Both sides are threatening new tariffs after the collapse of talks on Friday.
