President Donald Trump has signed an executive order imposing a 50% tariff on a wide range of goods imported from Canada. The White House states the move is retaliation for Canada's "unequal treatment" of American cars, dairy, and alcohol.
The significant new duties take effect on August 19th, marking a major escalation in trade relations between the North American neighbors. According to the administration, the tariffs are necessary to protect U.S. businesses.
The tariffs target a variety of products, from consumer items like wine and hockey sticks to industrial goods such as commercial cement. Several key Canadian exports, including energy, potash, critical minerals, and fish, are excluded from the new duties.