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Carney Announces Counter-Tariffs on $28B U.S. Goods

9/1/2026

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Story summary
  • Prime Minister Mark Carney announced counter-tariffs on nearly $28 billion of U.S. goods effective Sept. 8.
  • Carney suspended trade talks after U.S. officials shared memes and renamed Lake Ontario “Lake America.”
  • President Donald Trump ordered 50 percent tariffs on billions of Canadian goods under CUSMA.
  • Carney won three byelection ridings on Monday, each delivering over 50 percent support.