Josh BoakJul 21, 2026 – 7.35amWashington | US President Donald Trump on Monday (Tuesday AEST) imposed 50 per cent tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products.The move could unleash a new wave of economic chaos, with risks of higher inflation and further fraying of relations between two nations that had been closely woven together before Trump’s return to the White House.APSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles