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Story summary
- President Donald Trump imposed a 50% tariff on most Canadian dairy, except cheese.
- Canada responded with a 50% tariff on U.S. dairy and a 25% tariff on U.S. cheese.
- Both nations applied 25%–50% tariffs on about 900 U.S. goods, including paper products, effective 8 September.
- Canada’s 25%–50% tariffs on tissue products affect $328 million of U.S. imports in 2024.
- Trump warned 25% tariff could rise to 50% if no deal by 1 January 2027.
