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Canada Suspends Talks as U.S. Imposes 50% Tariffs

8/22/2026

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U.S. Imposes Tariffs
  • At 12:01 a.m. ET Saturday, August 22 2026, United States imposed 50 percent tariffs on Canadian imports after talks collapsed.
  • The tariffs threaten Canadian jobs and raise prices, significantly especially in Ontario’s steel, aluminum and auto sectors.
  • A Leger poll found 56 percent of Canadians oppose any further trade concessions.
  • Ontario steel and aluminum producers urged scrapping the tariffs, citing plant closures and job losses.
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