Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
National

What to know about Trump’s 50% tariffs on Canadian goods

Chicago: After trade negotiations crumbled at the eleventh hour, U.S. President Donald Trump's 50% tariffs on scores of Canadian imports kicked in Saturday.

The new levies are expected to affect about 5% of Canada's annual exports to the U.S., roughly $20 billion in goods ranging from hockey sticks to agricultural products. Canada's Prime Minister Mark Carney quickly promised Saturday that his government would roll out "dollar for dollar" retaliatory measures starting Sept. 8.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.