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Trump Imposes 50% Tariffs on $20B Canadian Goods

8/24/2026

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Story summary
  • President Donald Trump imposed 50% tariffs on about $20 billion of Canadian goods on Saturday.
  • Former Vice President Mike Pence warned a U.S.-Canada trade war could damage the American economy.
  • Mike Pence urged President Donald Trump to pursue hard-bargaining negotiations rather than confrontation.
  • Canadian Prime Minister Mark Carney announced Canada will levy 50% tariffs on U.S. goods starting Sept. 8.