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US-Canada trade standoff: 50% tariff kicks in as Ottawa vows 'dollar-for-dollar' response

Times of India - Business
Times of India - Business
Aug 22, 2026 Β· 11:10 AM
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US-Canada trade standoff: 50% tariff kicks in as Ottawa vows 'dollar-for-dollar' response
Trade negotiations between the United States and Canada fell apart after a three-day face-off. Canada called a halt to discussions, criticizing the US for presenting proposals that were both unfair and detrimental. In a dramatic move, the US introduced hefty tariffs on Canadian goods, prompting Cana…
Times of India - Business
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