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    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
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    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#

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    Olu Anisere
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    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.

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