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What to know about Trump's tariffs on Canadian goods and rising tensions between once close allies

| August 24, 2026 1:00 PM

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 over the weekend.

The new levies, which went into effect Saturday, are set to impact about 5% of Canada's annual exports to the U.S. —or $20 billion in goods ranging from hockey sticks to agricultural products. Canada's Prime Minister Mark Carney quickly promised that his government would roll out “dollar for dollar” retaliatory measures starting Sept. 8.

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