General · 22 August 2026

Canada will match US 50% tariffs after trade talks fail

New US tariffs on about $20 billion of Canadian goods came into effect on Saturday after last-minute trade talks broke down. Prime Minister Mark Carney said Canada would impose reciprocal tariffs "dollar for dollar" to protect its businesses and workers. US trade representative Jamieson Greer blamed Canada for declining to finalise the deal under agreed terms.

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