Canada-U.S. trade negotiations collapse, leading to retaliatory tariffs
Story essentials
Prime Minister Mark Carney and President Donald Trump
Canada / United States
August 21, 2026
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Canada to Impose Retaliatory Tariffs on US Goods Following Trade Talks Collapse
Canada will impose dollar-for-dollar tariffs on US steel, electronics, and other goods starting September 8. The move follows the collapse of trade negotiations between Prime Minister Mark Carney and the US administration. The tariffs cover approximately US$20 billion of Canadian exports to the US.