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Trump Announces 50% Canada Tariffs, Broad Forced-Labor Duties

7/21/2026

Summary

Story summary

U.S. President Donald Trump will impose new tariffs as the 10% global tariff expires at 12:01 a.m. ET Friday.
U.S. Trade Representative Jamieson Greer told CNBC administration expects action soon and plans forced-labor tariffs of 10%-12.5% on 60 economies.
Trump ordered 50% tariffs on Canadian goods under Section 338 of 1930 Tariff Act, prompting Prime Minister Mark Carney to say they breach North American trade pact and Canada will engage in talks.

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Story summary

U.S. President Donald Trump will impose new tariffs as the 10% global tariff expires at 12:01 a.m. ET Friday.
U.S. Trade Representative Jamieson Greer told CNBC administration expects action soon and plans forced-labor tariffs of 10%-12.5% on 60 economies.
Trump ordered 50% tariffs on Canadian goods under Section 338 of 1930 Tariff Act, prompting Prime Minister Mark Carney to say they breach North American trade pact and Canada will engage in talks.