Canada-US Trade War Erupts, Setting New 50% Tariffs On Canadian Goods
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Source: Zero Hedge
Published: 2026-08-23 01:05 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Asia, Military & Defence, China, Trade & Sanctions, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
US-Canada trade negotiations collapsed at the 11th hour, just before the midnight deadline, triggering 50% tariffs on about $20 billion worth of Canadian goods (under a never-before- used Section 338 provision of the Tariff Act of 1930) and prompting globalist-aligned, China-sympathizing Prime Minister Mark Carney to promise an equivalent response.
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