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AP News
apnews.com › article › trump-tariffs-canada-us-trade-war-293908564c7a381ea58a61db6e9a8517
What to know about Trump's tariffs on Canadian goods and rising tensions between once-close allies
The U.S. and Canada once held one of the world’s most durable trade alliances, but the latest escalation plunges the North American neighbors deeper into a rupture that has kept both sides of the border on edge throughout Trump’s second term in office. Steeper tariffs raise costs for businesses — and almost always trickle down to households in the form of higher prices. Here’s what we know. Again, the 50% tariffs from the U.S. are set to affect $20 billion of Canadian goods. Canada sends the vast majority of its goods exports to the U.S. (72% last year), and the Trump administration says the new taxes will be levied on products ranging from hockey sticks to wine and cement. The list is long. According to documents published by the White House, other goods subject to the tax include honey, seeds and agricultural products — as well as select makeup, perfumes, clothing, jewelry, furniture, cameras, fabric and more.
Published: 2 weeks ago
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Tax Foundation
taxfoundation.org › home › research › center for federal tax policy › tracking the impact of the trump tariffs & trade war
Trump Tariffs Tracker: Rates, Revenue, and Impact | 2026 Tariffs
13 hours ago - September 10, 2026: We updated the tracker to provide a breakout of direct customs duty collection estimates by tariff authority and to reflect changes in the Section 338 tariffs on Canada and the retaliatory tariffs. September 2, 2026: We updated the tracker to separate the Section 301 forced labor tariffs from the Section 301 Brazil tariffs. We estimate the Section 301 forced labor tariffs will raise $611.7 billion from 2026-2035 on a conventional basis net of offsets (the direct tariff revenue before offsets is higher, at $797 billion).
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Reuters
reuters.com › world › us › trump-says-he-will-raise-global-tariff-rate-10-15-2026-02-21
After court ruling, Trump says US global tariff rate will rise from 10% to 15% | Reuters
February 22, 2026 - In a social media post on Saturday, Trump said he would use the 150-day period to work on issuing other "legally permissible" tariffs. The administration intends to rely on two other statutes that permit import taxes on specific products or countries based on investigations into national security or unfair trade practices. "I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been 'ripping' the U.S.
tariffs imposed by Donald Trump in his second term as president of the United States
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Trump in Oval Office with map of Lake Ontario behind
During his second term as president of the United States, Donald Trump enacted a series of steep tariffs affecting nearly all goods imported into the country. From January to April 2025, the … Wikipedia
Factsheet
Number 14256
President Donald Trump
Factsheet
Number 14256
President Donald Trump
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Wikipedia
en.wikipedia.org › wiki › Tariffs_in_the_second_Trump_administration
Tariffs in the second Trump administration - Wikipedia
12 hours ago - During his second term as president of the United States, Donald Trump enacted a series of steep tariffs affecting nearly all goods imported into the country. From January to April 2025, the overall average effective US tariff rate rose from 2.5% to an estimated 27%—the highest level in over ...
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NBC News
nbcnews.com › business › economy › trump-canada-tariffs-autos-metals-rcna594108
Trump hits back at Carney, threatens to hike auto, truck, metals tariffs to 50%
In his Monday post, Trump did not specify whether automobiles and parts that are compliant with the U.S.-Mexico-Canada trade pact would continue to be exempt from additional tariffs. Canadian-made vehicles that do not meet USMCA requirements currently face a 25% U.S. tariff. Steel imported from Canada currently faces a U.S. tariff of 50%. It was not clear Monday whether Trump’s announcement meant that the tariff would rise to 100%. If fully implemented, the increased tariffs on autos and parts could be the most disruptive for consumers and automakers. The U.S., Canada and Mexico have a deeply integrated auto supply chain and manufacturing process. Vehicles often cross borders multiple times before they are fully assembled and sent to dealerships. Trump’s latest waves of tariffs could also spell further doom for the USMCA trade deal, which Trump negotiated and signed during his first term after ripping up the 1992 North American Free Trade Agreement, or NAFTA.
Published: 2 weeks ago
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Tax Policy Center
taxpolicycenter.org › features › tracking-trump-tariffs
TPC Tariff Tracker
2 weeks ago - The Section 232 tariff rate varies ... War is initially exempt from tariffs levied on drone parts). TPC estimates the tariff will raise $1 billion over 2026–2036....
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The Dispatch
thedispatch.com › home › newsletters › dispatch markets › trump’s vaunted ‘trade deals’ are much less than meet the eye
Trump’s Vaunted ‘Trade Deals’ Are Much Less Than Meet the Eye - The Dispatch
1 week ago - As the evidence mounts that President Donald Trump’s tariffs have been a legal, economic, and fiscal miss, their defenders have retreated to foreign policy. Sure, the argument goes, the tariffs raised prices without meaningfully changing the trade balance or reviving American manufacturing. But they nevertheless pushed dozens of foreign governments to open their markets, to invest trillions of dollars here, and to fall in behind Washington on China and other geopolitical priorities. ... U.S. President Donald Trump hold up an executive order that he signed in the Oval Office on January 31, 2025 in Washington, D.C. (Photo by Chip Somodevilla/Getty Images) Three events from the last few weeks have shown some of the flaws with this story: On August 22, U.S.-Canada negotiations—prompted by new Trump tariff threats—collapsed hours before an already-extended deadline, causing not only the U.S.
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BBC
bbc.com › news › articles › cd6zn3ly22yo
Trump's new global tariff comes into effect at 10%
February 24, 2026 - He then said on Saturday that the rate would be 15%. However, according to official documents, the tariffs have been set at the lower rate from Tuesday with no directive to increase the rate issued.
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PBS NewsHour
pbs.org › newshour › economy › what-to-know-about-trumps-50-tariffs-on-canadian-goods-that-just-went-into-effect
What to know about Trump's 50% tariffs on Canadian goods that just went into effect | PBS News
3 weeks ago - CHICAGO (AP) — After trade negotiations crumbled at the eleventh hour, U.S. President Donald Trump's 50% tariffs on scores of Canadian imports kicked in Saturday. The new levies are expected to affect about 5% of Canada's annual exports to ...
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NYTimes
nytimes.com › u.s. › politics
Canada Strikes Back With 50% Tariffs on Hundreds of U.S. Products - The New York Times
Canada imports about $272 billion in U.S. goods a year. Canadian officials said that the government anticipates that it will spend far more on keeping Canadian exporters in business than it will collect from the tariff. The officials, in a briefing for journalists ahead of the announcement, noted that the intention is to protect Canadian manufacturers, not raise money. Mélanie Joly, the industry minister, said that some of the items on the tariff list were chosen to target states where voters have supported Mr. Trump. She declined to identify the states but said that appliances and “food products” were among those goods. Many economists say that because Canada’s economy is about one-twelfth the size of the U.S. economy, its retaliatory tariffs will have the effect of a pea shooter in a gun battle. At the same time, most economists say, price increases caused by tariff retaliation will actually harm Canadian companies.
Published: 2 weeks ago
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BBC
bbc.com › news › articles › cn8z48xwqn3o
Trump says he will increase his new global tariffs to 15%
After most of his tariffs were outlawed on Friday, Trump announced new global tariffs of 10% - which he says he has now increased to 15%.
Published: February 22, 2026
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AP News
apnews.com › article › canada-trade-trump-ontario-53c4f83c8365c14b372b314396ae8179
Canada will announce retaliatory tariffs on US Tuesday | AP News
Canada Prime Minister Mark Carney and President Donald Trump hold a press conference at the White House in Washington, D.C., Oct. 7, 2025. (Adrian Wyld/The Canadian Press via AP, File) Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share ... Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share ... TORONTO (AP) — Canada will announce retaliatory tariffs against the United States on Tuesday after relations deteriorated sharply Monday, with President Donald Trump telling Canadian leaders to “fall in line” or face consequences “far WORSE” than existing tariffs and Prime Minister Mark Carney accusing Washington of trying to subordinate Canada. Trump also threatened new 50% tariffs on Canadian vehicles, auto parts and steel, while Carney said U.S.
Published: 2 weeks ago
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CNBC
cnbc.com › 2026 › 07 › 23 › trump-tariffs-trade-deadline.html
Trump imposes 'sweeping' new tariffs on 60 trade partners as global duties expire
July 24, 2026 - Trump announces new 10%-12.5% tariffs as global 10% tariff expires ... The Trump administration imposed new tariffs Friday on dozens of countries over alleged forced labor violations, according to a notice in the Federal Register.
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Reuters
reuters.com › business › autos-transportation › trump-says-he-will-raise-tariffs-all-cars-trucks-50-amid-canada-trade-spat-2026-08-24
Trump threatens 50% tariffs on all cars and trucks from ...
3 weeks ago - Find latest autos news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.
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J.P. Morgan
jpmorgan.com › insights › global research › current events › us tariffs: what’s the impact on global trade and the economy?
US Tariffs: What’s the Impact? | J.P. Morgan Global Research
2 days ago - October 27: The Trump administration raises tariffs on Canadian goods · President Trump announced that he is adding an extra 10% tariff on Canadian imports, on top of the existing 35% levy — though most goods are currently exempt under an ...
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The White House
whitehouse.gov › home › news › fact sheets › fact sheet: president donald j. trump imposes additional tariffs on canada
Fact Sheet: President Donald J. Trump Imposes Additional Tariffs on Canada – The White House
July 20, 2026 - DEFENDING AMERICAN WORKERS AND ENSURING FAIR TRADE: Today, President Donald J. Trump signed three Proclamations pursuant to Section 338 of the Tariff Act of 1930 to impose additional 50% tariffs on certain goods of Canada in response to Canada’s discriminatory treatment of American products. By doing so, President Trump is offsetting the burden and disadvantage on U.S. commerce from Canada’s discriminatory treatment of U.S. commerce and is leveling the playing field for crucial American exports—cars, alcohol, and dairy. Each Section 338 proclamation imposes a 50% tariff on a different set of Canadian imports, covering products ranging from wine to hockey sticks to cement. These Section 338 tariffs apply to all covered goods regardless of whether a good originates under the U.S.-Mexico-Canada Agreement (USMCA). These Section 338 tariffs will not apply to energy, potash, products subject to tariffs under Section 232, and certain other goods, such as fish or critical minerals.
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Tax Policy Center
taxpolicycenter.org › taxvox › trumps-tariffs-will-raise-much-less-he-expects
Trump’s Tariffs Will Raise Much Less Than He Expects
Peter Navarro, a senior trade official in the White House, projected tariffs announced since January would generate about $6 trillion to $7 trillion over 10 years.
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PIIE
piie.com › blogs › realtime-economics › 2026 › whats-next-trumps-tariffs
What's next for Trump's tariffs? | PIIE
May 7, 2026 - To keep his tariffs in place temporarily, the president responded by invoking the balance of payments (BOP) authority contained in Section 122 of the Trade Act of 1974 to an interim additional blanket tariff of 10 percent, which will expire after 150 days unless extended by Congress. (He subsequently said he would raise the level to 15 percent but has not done so yet.)