The retaliatory measures are expected to hit $20 billion in annual US exports to Canada

Aug 26, 2026

10:43 am

What's the storyIn a tit-for-tat move, Canadian Prime Minister Mark Carney has announced a 50% tariff on United States (US) steel and aluminum products.

The new tariffs will also apply to American-made milk, furniture, clothing, as well as electronics such as video game consoles and smartphones.