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July 20, 2026

Trump Imposes 50% Tariffs on Canadian Goods, Citing Continued Discrimination

  • The tariffs will affect a range of Canadian imports, including alcohol and hockey sticks, while exempting energy, potash, fish, and critical minerals.
  • Ontario Premier Doug Ford has indicated a potential 'tariff for tariff' response, escalating trade tensions between the U.S. and Canada.
  • The tariffs are set to take effect in 30 days, allowing time for negotiations, although Trump has a history of not following through on such announcements.