Trump's 50% Tariffs on Canada Take Effect After Trade Deal Collapses at Midnight

Описание: President Donald Trump's 50% tariffs on roughly $28 billion in Canadian goods took effect early Saturday morning, August 22, 2026, after Canadian Prime Minister Mark Carney suspended trade negotiations minutes before the deadline. Carney stated last-minute changes in the U.S. proposed terms were "unfair, uneconomic, and called into question the reliability of any deal." Carney announced Canada will match the tariffs "dollar for dollar to protect our workers and businesses." The breakdown comes just days after Trump had paused the duties for three days and announced the U.S. and Canada had reached a deal, subject to final documentation. Carney's government also plans additional measures building on nearly $25 billion in support already provided to Canadian workers and businesses over the past 18 months.

Sources: The Hill, August 22, 2026 Fox Business, August 22, 2026 Official statement from Prime Minister Mark Carney's office, August 22, 2026

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