Canada vows ‘dollar for dollar’ response as US puts 50% tariffs on some goods

<p>Collapse of trade talks could lead to job losses, but biggest impact on traditional allies is expected to be political </p><p>The US has imposed 50% tariffs on some goods from Canada, and the country’s prime minister, Mark Carney, has vowed to match them “dollar for dollar” after the collapse of trade talks.</p><p>The tariffs came into force on about $20bn (£14.6bn) of goods – ranging from hockey sticks to tongue depressors – at 04.00 GMT. Trade experts said the tariffs could result in some job losses, but the largest impact is expected to be political, driving a further wedge between the traditional allies.</p> <a href="https://www.theguardian.com/world/2026/aug/22/canada-tariffs-trump-trade-deal-talks-fail">Continue reading...</a>