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U.S. hits Canada with stiff new tariffs, escalating trade tensions

Economy MarketWatch By Greg Robb 21 Jul 2026 00:13 1 min read
U.S. hits Canada with stiff new tariffs, escalating trade tensions

The Trump administration on Monday said it would slap 50% tariffs on some goods imported from Canada, in an effort to end what it sees as discriminatory trade practices by Ottawa against the U.S. automobile, dairy and alcohol industries.

The Trump administration on Monday said it would slap 50% tariffs on some goods imported from Canada, in an effort to end what it sees as discriminatory trade practices by Ottawa against the U.S. automobile, dairy and alcohol industries.

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