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US imposes 50% tariffs on $20 billion worth of Canadian products, and Canada says it will retaliate

  • The U.S. slapped 50% tariffs on $20 billion of Canadian goods (everything from hockey sticks to tongue depressors) after last‑minute talks collapsed.
  • Canada immediately vowed dollar‑for‑dollar retaliation and suspended negotiations, putting the US‑Canada trade relationship and the USMCA talks at risk.
  • The dispute strains a decades‑long, closely integrated border relationship and could raise costs for consumers and fuel political fallout on both sides.
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