US and Canada fail to reach trade deal as 50% tariffs take effect

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Posted Aug 22, 2026, 05:30 PM UTC · In the digest of 2026-08-22-1730
US and Canada fail to reach trade deal as 50% tariffs take effect
Photo: Le Figaro

The United States has imposed 50% tariffs on Canadian goods after talks collapsed, prompting Canada to announce reciprocal dollar-for-dollar retaliatory surtaxes.

The United States has implemented 50% tariffs on Canadian imports after last-minute bilateral trade negotiations in Washington collapsed.

The breakdown followed days of talks led by Canadian Trade Minister Dominic LeBlanc aimed at averting the surcharges. In response, Canadian Prime Minister Mark Carney confirmed that Ottawa will enforce dollar-for-dollar retaliatory tariffs to shield domestic businesses and workers. Carney criticised last-minute demands introduced by the US administration, describing them as unfair, uneconomic, and damaging to the reliability of future bilateral agreements. The mutual levies mark a sharp escalation in trade tensions between the two North American allies.

Sources: La Tribune, Le Figaro, Le Monde, Le Soir, RTBF Info.

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