People familiar with the matter say Canada sees little chance of restarting trade talks with the US before the midterm elections and is preparing for the remainder of President Donald Trump’s term. Washington imposed a new 50% tax Saturday on hundreds of Canadian imports, including furniture, plastics, plywood and electrical equipment.

BBloomberg Television2026-08-24 05:55

The Trump administration warned on Aug 23 that Canada would be “foolish” to believe it could prevail in a trade war with the United States, forecasting a “devastating” effect. After Washington-Ottawa talks collapsed, new 50% US tariffs took effect on about US$20 billion in Canadian goods, equal to 5.5% of Canada’s exports to the US.

CCNA2026-08-24 05:53

Trade talks between Canada and the United States collapsed Friday, leaving major uncertainty ahead. The threatened 50% tariffs are now in effect, and Canada is preparing dollar-for-dollar counter-tariffs after Prime Minister Mark Carney accused Trump’s negotiators of demanding too much while offering too little. Trump is now airing his grievances, while the tariffs weigh on Canadian businesses and industries.

GGlobal News2026-08-23 23:47

As President Trump threatens punishing new sanctions on Iran, his administration is also raising tariffs on Canadian goods, intensifying the trade war with Canada.

NNBC News2026-08-23 23:28

Punitive new US tariffs on Canadian goods have taken effect after Prime Minister Mark Carney announced an end to trade talks with the Trump administration. Carney said Canada would impose matching counter-tariffs as the trade war escalates. Despite added consumer costs and the impact of Trump’s 50% levy on Canadian businesses and industries, many Canadians appear united in opposition.

GGlobal News2026-08-23 22:25

The fallout from the collapse of Canada-U.S. trade talks extends beyond tariffs. The United States says Quebec’s French-language rules create barriers for American businesses seeking access to the market, while Quebec insists that protecting the language is non-negotiable.

GGlobal News2026-08-23 20:50

US President Donald Trump has hit back at Canada’s retaliatory tariffs on US products, calling it “foolish” to think Canada could win a trade war with him. He also said Canada wanted the benefits of being a state without being one. Canadian Prime Minister Mark Carney said the two countries were engaged in a trade war and vowed to match US tariffs.

DDW News2026-08-23 18:10

The program reports that a fast-moving brush fire is forcing evacuations and prompting Nevada’s governor to declare a state of emergency. It also covers President Donald Trump’s 50% tariffs on many Canadian imports after trade talks collapsed, Prime Minister Mark Carney’s retaliatory tariffs, and Treasury Secretary Scott Bessent’s pledge of the “toughest sanctions” in history.

AABC News2026-08-23 17:30

Prime Minister Mark Carney has pledged that Canada will retaliate “dollar for dollar” after trade talks with the United States collapsed Friday night and new punitive U.S. tariffs took effect. Eric Miller of the Canadian Global Affairs Institute and Rideau Potomac Strategy Group discusses Canada’s response and its implications for supply chains and the economy.

GGlobal News2026-08-23 17:03

Following the breakdown of U.S.-Canada trade negotiations and the activation of fresh tariffs, Trump has offered his first public response.

CCBC News2026-08-23 16:51

David Gura, Christina Ruffini and Alexis Christoforous host a live weekend program from New York covering major headlines, with guests including former Canadian Finance Minister Chrystia Freeland and other political, security and market commentators.

BBloomberg Television2026-08-23 16:27

Transportation Secretary Sean Duffy sharply criticizes Canada over the ongoing U.S.-Canada trade dispute, calling its approach “foolish.” He also discusses preparations for the Freedom 250 Grand Prix and the continuing trade tensions.

FFox News2026-08-23 16:15

After trade talks between Canada and the United States collapsed, President Donald Trump imposed 50 per cent tariffs on Canada. CBC's David Common says the measure could cost Canada tens of thousands of jobs.

CCBC News2026-08-23 15:11

Former Canadian Finance Minister Chrystia Freeland says Canada was right to abandon a trade deal she believes would have hurt both countries. She urges Ottawa to hold its ground, citing the effectiveness of past retaliation, as Canada prepares dollar-for-dollar counter-tariffs after the US imposed new 50% duties.

BBloomberg Television2026-08-23 14:04

After Washington imposed new tariffs, Ottawa prepared matching retaliation. Economist Laurence Kotlikoff discusses the escalating US-Canada tariff dispute, its economic consequences for both countries, the risks of a prolonged trade war and possible effects on North American trade.

TTRT World2026-08-23 13:56

ABC News Chief Washington Correspondent Jonathan Karl examines the escalating trade war between the United States and Canada and the risks it poses for Trump, along with the midterm elections.

AABC News2026-08-23 13:48

Canada has vowed to retaliate against US tariffs. Fox News correspondent Madeleine Rivera reports on Canada’s retaliatory measures and President Donald Trump’s response.

FFox News2026-08-23 12:08

Chrystia Freeland says a tentative US-Canada trade agreement could prevent new US tariffs, but only if Canada makes major concessions, including easing retaliation, reopening provincial stores to US alcohol and aligning with Washington on some digital issues. Existing US tariffs on Canadian steel, aluminum, cars and auto parts would remain, though at lower levels.

BBloomberg Television2026-08-23 12:00

The United States and Canada were nearing a trade agreement earlier this week, but negotiations collapsed after both sides accused the other of making last-minute changes. Prime Minister Mark Carney announced retaliatory tariffs after Washington imposed a 50% levy on $20 billion worth of Canadian goods, then addressed Canadians for the first time since the talks fell apart.

FFrance 24 English2026-08-23 09:02

After U.S.-Canada trade talks collapsed Friday night, the U.S. trade representative blamed Canada. The 50% tariff would hurt Canadian industries while raising costs for Americans, creating political risks for President Donald Trump as his administration faces possible backlash over its handling of the economy and affordability crisis ahead of the midterm elections.

GGlobal News2026-08-23 02:45

Hours after Prime Minister Mark Carney said Canada was “walking away from a bad deal” with the United States, business groups supported the federal government’s decision while issuing a stark warning. The new 50 per cent tariff will sharply raise export costs for many Canadian businesses, including lumber, steel and auto producers that had hoped talks would lower tariffs.

GGlobal News2026-08-23 02:30

President Trump is applying a 50% levy to Canadian goods worth roughly $20 billion, while Canada is warning that it may retaliate with tariffs of its own.

AABC News2026-08-23 01:30

Talks aimed at preventing the latest 50 percent US tariffs on Canadian goods collapsed on Friday, escalating the dispute into a full-blown trade war. Prime Minister Mark Carney said Canada would not compromise its sovereignty or undermine key industries, while accusing Washington of demanding limits on Canada’s ability to act.

AAl Jazeera English2026-08-23 01:00

Canada left negotiations in Washington late Friday without a deal to avert President Donald Trump’s threatened 50 per cent tariff on Canadian goods. Prime Minister Mark Carney recalled the negotiating team after last-minute U.S. demands, casting doubt on any potential agreement. The new tariff will sharply raise export costs for many Canadian businesses.

GGlobal News2026-08-23 00:26