EconomyTrump enacts 50% tariffs on some Canadian goods as Canada prepares retaliation

The United States and Canada are moving toward a deeper trade war after negotiations collapsed Friday. President Donald Trump imposed 50% tariffs early Saturday on roughly $20 billion in Canadian goods, while Prime Minister Mark Carney said Canada would begin “dollar-for-dollar” retaliation on September 8. Trump later threatened to raise the duties further.

People in this report Donald Trump