Trump Imposes Tariffs on Canadian Goods, Costing $872.3 Billion in Trade
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Mr. Trump on Saturday imposed 50% tariffs on about $20 billion in Canadian goods in response to Canada’s treatment of U.S. products such as alcohol, autos and dairy that the administration considered discriminatory and unfair.
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NPR EconomyThe move comes after President Trump imposed 50% tariffs on many Canadian goods and threatened more after trade talks broke down on Friday. This is a developing story that will be updated.
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Trump has also volleyed insults in the direction of the Prime Minister’s office and his people. The president has continually referred to Canada as the “51st state” of the U.S. and recently suggested renaming Lake Ontario to Lake America—a tactic he also deployed when negotiating with his southern neighbors in Mexico.
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Washington Times BusinessCanadians, though, are in no mood for a Trump-friendly trade deal. The American president has enraged the Canadian public with inflammatory talk of making their country the 51st U.S. state. And on Tuesday, instead of trying to lower the temperature, he declared that he was considering changing the name of Lake Ontario to Lake America. He has also repeatedly hit Canada with tariffs and threats of them, including when he suggested he might punish Canada for wildfires that were blackening U.S. skies.
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The Trump administration’s most recent trade war comes with a hefty cost, with some $872.3 billion traded between the nations in 2025. After negotiations collapsed this weekend, Canadian Prime Minister Mark Carney said the U.S. “asked for too much and offered too little,” while Trump says Canada is “foolish” to engage in a trade war.
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Washington Times BusinessThe Trump administration and the government of Canadian Prime Minister Mark Carney are engaged in a war of economic pressure and rhetoric after trade talks collapsed Friday.
RealClearMarketsTrump's New Trade War w/Canada: Needless As It Is Costly Zeeshan Aleem, MSN A president with even the slightest bit of common sense would not have entered this conflict.
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01 Financial Times ‘We got attacked’: Canadians unite in fury against Trump’s latest tariff salvo Washington’s aggressive trade stance prompts defiance from northern neighbour
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03 NPR Economy Canada announced retaliatory tariffs on U.S. goods on Tuesday as the two countries fell deeper into a trade fight.
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04 Washington Times Business WASHINGTON — The U.S. and Canada have ramped up their trade war, hitting each other with steep new tit-for-tat tariffs. Despite the bravado coming from both sides of the border, though, analysts suspect the longtime allies will eventually strike a deal to end a conflict neither really wants.
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05 Fortune When U.S.-Canada trade talks collapsed for good last Friday night, the recriminations broke out almost instantly, and not just between Washington and Ottawa. In Maine, Vermont and Michigan—three states with outsized economic exposure to Canada—elected officials from both parties and the executives who run the region’s largest employers have spent the past week saying, in various ways, the same thing: enough.
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