US-Canada Trade War: US Imposes 50% Tariffs as Talks Collapse
US-Canada trade talks collapsed over the weekend, resulting in fresh 50 per cent tariffs taking effect on roughly $20 billion of Canadian goods as Mark Carney vowed swift retaliation. According to Bloomberg and Reuters reports from August 2026, the sudden breakdown has intensified economic friction between the two long-standing allies, threatening supply chains and raising … Read more