Trump announces 50% tariff on Canadian imports

Trade officials announced that new tariffs will be imposed on a range of goods, with the duties set to take effect within 30 days. The measures, announced jointly by the ministries of commerce in the United States and Canada, target agricultural products, steel and aluminum, and are intended to address perceived imbalances in market access and alleged subsidies that violate existing trade agreements.

The implementation of the duties marks a major escalation in trade tensions between the North American neighbours, prompting both governments to signal readiness for negotiations while warning that further retaliatory steps could follow. Industry groups have warned of potential price increases for consumers and disruptions to supply chains, and the World Trade Organization has been notified of the changes as the parties prepare for possible dispute settlement proceedings.