Live updates: Canada’s prime minister promises retaliatory tariffs as negotiations with the US falter
Follow the latest news on President Donald Trump and his administration | Aug. 24, 2026
The United States imposed 50% tariffs on $20 billion worth of Canadian products early Saturday, and Canada said it would retaliate beginning Sept. 8 after last-ditch negotiations failed to resolve the latest strain in relations between the historic allies.
Here’s what we’re following:U.S. President Donald Trump’s 50% tariffs on scores of Canadian imports kicked in Saturday. The new levies are expected to affect about 5% of Canada’s annual exports to the U.S., roughly $20 billion in goods ranging from hockey sticks to agricultural products. Canada’s Prime Minister Mark Carney quickly promised Saturday that his government would roll out “dollar for dollar” retaliatory measures starting Sept. 8.The new head of Iran’s top security body warned Sunday that Tehran will see any country’s support for new U.S. economic measures against the Islamic Republic as an “act of war,” while its Foreign Ministry spokesperson on Monday warned that Tehran would respond harshly to expanded U.S. sanctions.
Carney warned about economic coercion. Now Trump is testing the Canadian prime minister
