Published • loading... • Updated
No talks scheduled as Canada's counter-tariffs against U.S. set to take effect at 12:01 a.m.
The duties target hundreds of U.S. products and are designed to pressure Washington back to negotiations, Canadian officials said.
- On Tuesday, Canada will implement retaliatory tariffs on $27.6 billion of U.S. goods, ranging from 15% to 50%, in response to President Donald Trump's earlier Section 338 duties on Canadian exports.
- Negotiations stalled on August 21 after Prime Minister Mark Carney paused trade talks with the U.S., prompting Trump's 50% tariffs on nearly $28 billion of Canadian goods under Section 338 of the Tariff Act of 1930.
- University of Calgary economist Trevor Tombe estimates the combined U.S. and Canadian tariffs put 87,000 Canadian jobs at risk, while Canada's levies specifically target products mirroring U.S. items at rates of 15%, 25%, and 50%.
- Commerce Secretary Howard Lutnick accused Carney of seeking 'political leverage,' while Treasury Secretary Scott Bessent compared Canada to a 'little yippy dog' on Fox News; no new meetings are scheduled to resume talks.
- Trump threatened to raise auto and auto-parts tariffs to 50% effective January 1, a move analysts warn could escalate the trade war and inflict significant economic pain on both nations.
Insights by Ground AI
52 Articles
52 Articles
US President Donald Trump has hinted that the United States is ready to stop trading with Canada completely.
·Helsinki, Finland
Read Full Article
US Trade Representative Jamieson Greer blames Canada for the breakdown of trade negotiations between the countries.
·Helsinki, Finland
Read Full Article
Canada is about to impose 15-50 percent tariffs on hundreds of products from the United States.
·Mexico
Read Full ArticleCoverage Details
Total News Sources52
Leaning Left14Leaning Right10Center11Last UpdatedBias Distribution40% Left
Bias Distribution
- 40% of the sources lean Left
40% Left
L 40%
C 31%
R 29%
Factuality
To view factuality data please Upgrade to Premium
