US and Canada Fall Deeper Into a Trade War With New Tariffs as Talks Collapse

CANADA – The United States and Canada fell deeper into a trade war Saturday, marked by new tariffs that are expected to raise prices for products in both countries.

Each side blamed the other for the collapse of negotiations in Washington, leading the U.S. to impose 50% tariffs on $20 billion worth of Canadian goods, and Canada setting September 8th as the start of its retaliatory penalties.

President Donald Trump’s import taxes will hit about 5% of what Canada ships to the United States every year.

Prime Minister Carney said Ottawa would respond with targeted tariff protection for industries exposed to the new U.S. duties, including some steel products.

No further talks were planned.