The United States will impose 50% tariffs on $20 billion worth of Canadian products following the collapse of trade talks just before a midnight deadline. Canadian Prime Minister Mark Carney stated that Canada will respond by matching those tariffs dollar for dollar.
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U.S. to impose tariffs on Canadian products as trade talks fail
The U.S. has announced a 50% tariff on $20 billion of Canadian goods after trade negotiations failed before the deadline. In response, Canada plans to implement equivalent tariffs.
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Original Headline
U.S.-Canada trade talks collapse just before deadline for tariffs
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U.S. to impose tariffs on Canadian products as trade talks fail