Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Global Hunger Declines Across Continents, Trade Risks Loom- UN

    July 21, 2026

    NUPRC Unveils 143 Bidders for 37 Oil Assets in Licensing Round, Targeting 300,000bpd

    July 21, 2026

    Hundreds Join Protest Against U.S. Intelligence Base

    July 21, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Global Hunger Declines Across Continents, Trade Risks Loom- UN
    • NUPRC Unveils 143 Bidders for 37 Oil Assets in Licensing Round, Targeting 300,000bpd
    • Hundreds Join Protest Against U.S. Intelligence Base
    • Crimean-Congo Fever on Increase in Afghanistan, 21 Deaths in June-WHO
    • ASEAN Foreign Ministers Seek to End Middle East Hostilities
    • New UK Prime Minister Targets Lower Energy Bills in First Move
    • CBN Keeps Benchmark Interest Rate at 26.50%
    • South African Rand Firmer as Risk Sentiment Improves
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Tuesday, July 21
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Trump Announces New 50% Tariffs on Canadian Imports

    Trump Announces New 50% Tariffs on Canadian Imports

    Olu AnisereBy Olu AnisereJuly 21, 2026 News No Comments2 Mins Read
    Trump Announces New 50% Tariffs on Canadian Imports
    Donald Trump, US President
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Trump Announces New 50% Tariffs on Canadian Imports

    The U.S. have announced a new 50 per cent tariff on a broad range of Canadian imports, stepping up a trade dispute with one of the U.S. largest trading partners.

    According to U.S. Trade Representative Jamieson Greer, the tariffs would apply to about 20 billion dollars in imports from Canada, including products such as hockey sticks, wine and cement.

    The tariffs will take effect on August 19, 30 days after U.S. President Donald Trump signs the proclamation.

    The White House said the move was a response to what it called Canada’s “discriminatory, unequal, and unreasonable tariff scheme” and was intended to improve conditions for exports of U.S.-made automobiles.

    The tariffs marked the latest escalation in a long-running trade dispute between the two neighbours.

    Trump has repeatedly accused Canada, along with other trading partners, of maintaining unfair trade relationships with the United States and has made tariffs a central part of his second-term trade agenda.

    Canada, meanwhile, said the tariffs violate the countries’ free trade agreement.

    The announcement came after the U.S. Supreme Court barred Trump from using emergency powers to impose broad tariffs on imports from many countries, forcing his administration to pursue alternative legal avenues.

    Trump has also previously threatened tariffs that were ultimately not implemented.

    Reacting to the announcement, Canadian Prime Minister Mark Carney said in a statement on X that Canada “stands ready to engage intensively to address outstanding issues with the U.S. to the mutual benefit of our citizens.’’

    He added that Canada would take the necessary steps to build its strength at home.

    Earlier, Trump threatened Canada with higher tariffs over smoke from wildfires that drifted into the north-eastern United States.

    He said the air pollution had imposed costs on the country that should be added to existing tariffs on Canadian imports #Trump Announces New 50% Tariffs on Canadian Imports#

    Trump Threatens Strikes on Iran’s Power Plants Next Week Without a Deal

    Canada Canadian Imports Tariffs Trump
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Olu Anisere
    • Website
    • LinkedIn

    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

    Keep Reading

    Global Hunger Declines Across Continents, Trade Risks Loom- UN

    NUPRC Unveils 143 Bidders for 37 Oil Assets in Licensing Round, Targeting 300,000bpd

    Hundreds Join Protest Against U.S. Intelligence Base

    Crimean-Congo Fever on Increase in Afghanistan, 21 Deaths in June-WHO

    ASEAN Foreign Ministers Seek to End Middle East Hostilities

    New UK Prime Minister Targets Lower Energy Bills in First Move

    Add A Comment

    Comments are closed.

    Editors Picks

    Global Hunger Declines Across Continents, Trade Risks Loom- UN

    July 21, 2026

    NUPRC Unveils 143 Bidders for 37 Oil Assets in Licensing Round, Targeting 300,000bpd

    July 21, 2026

    Hundreds Join Protest Against U.S. Intelligence Base

    July 21, 2026

    Crimean-Congo Fever on Increase in Afghanistan, 21 Deaths in June-WHO

    July 21, 2026

    ASEAN Foreign Ministers Seek to End Middle East Hostilities

    July 21, 2026
    Latest Posts

    Global Hunger Declines Across Continents, Trade Risks Loom- UN

    July 21, 2026

    NUPRC Unveils 143 Bidders for 37 Oil Assets in Licensing Round, Targeting 300,000bpd

    July 21, 2026

    Hundreds Join Protest Against U.S. Intelligence Base

    July 21, 2026

    Crimean-Congo Fever on Increase in Afghanistan, 21 Deaths in June-WHO

    July 21, 2026

    ASEAN Foreign Ministers Seek to End Middle East Hostilities

    July 21, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.