Trump imposes 50% tariff on Canadian imports
US President Donald Trump has signed an executive order imposing a 50% tariff on a wide range of Canadian imports, citing unequal trade treatment. The duties, which take effect on August 19, exclude certain key sectors like energy and minerals but escalate existing trade tensions.
Why it matters
This significant trade barrier threatens to disrupt supply chains and increase costs for consumers and businesses in both the US and Canada.
Image source, Getty Images Image caption, US President Donald Trump (L), Canada's Prime Minister Mark Carney (R).
US President Donald Trump has signed an order imposing a 50% tariff on a wide range of goods imported from Canada, in retaliation for what he called "unequal treatment" of US cars, dairy and alcohol.
The duties take effect on 19 August and mark a major escalation in trade tensions between the North American neighbours.
The White House said the tariffs were necessary to protect American businesses.
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