Trump's proposed tariffs on Canada hurtle toward deadline amid trade talks
The tariffs are set to take effect early Saturday morning, after Trump extended a previous deadline by three days.
In response to the U.S. 50% tariffs on Canadian goods, Canada vowed to match the levies dollar for dollar. The Trump administration announced that the new tariffs, targeting a wide range of products, went into effect early Saturday morning after the two nations failed to finalize a trade deal. President Trump and Prime Minister Carney of Canada both blamed each other for the breakdown in trade talks.
Canadian officials maintained their ongoing retaliation against the U.S., including prohibitions on certain American goods and services. Canadian Prime Minister Carney cited "last-minute changes" to U.S. terms he deemed "unfair" and "uneconomic." The retaliatory tariffs are set to hit $28 billion of Canadian goods, with more details to be revealed later.
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