Trump Slaps 50% Tariffs On Most Canadian Goods, Risks New US-Canada Trade War

President Donald Trump imposed 50% tariffs on most Canadian goods under Section 338 of the 1930 Trade Act, citing discrimination against US autos, alcohol, and dairy.

The tariffs exclude energy, potash, fish, and critical minerals, but include goods previously protected by the USMCA trade pact.

The tariffs take effect in 30 days, leaving a window for negotiations before implementation.

Canadian Premier Doug Ford called for a tariff-for-tariff response, while the Canadian Chamber of Commerce urged meaningful talks within the 30-day window.

The move risks higher inflation, a broader US-Canada trade war, and political challenges for Trump ahead of the November midterm elections.