EconomyPublished: 21 July 2026 at 01:36

Trump threatens 50 percent tariff hike on Canadian goods

US President Donald Trump announced a 50% tariff increase on Canadian goods, set to take effect in one month, escalating North American trade negotiations.

US President Donald Trump has threatened to impose a 50 percent tariff increase on Canadian goods. The tariffs are scheduled to go into effect in one month. This move raises the stakes in North American trade negotiations, intensifying the economic tensions between the two countries.

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