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U.S. slaps 50% tariffs on $20B Canadian imports

8/24/2026

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U.S. Imposes Tariffs
  • The United States imposed 50% tariffs on about $20 billion of Canadian imports on Saturday, August 22, 2026.
  • A Leger poll showed 56% of Canadians back a tougher stance and reject further U.S. concessions.
  • Prime Minister Mark Carney said Canada will impose matching tariffs on U.S. steel, dairy, appliances, agricultural machinery, paper and electronics.
  • Economists warned duties could raise consumer prices, relying on Section 338 of the 1930 Tariff Act, never before used.
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