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Trump proposes 50% tariffs on select Canadian goods

The measure targets Canadian goods over alleged trade discrimination amid tensions tied to the nations' trilateral trade pact with Mexico, according to CNBC Markets.

Reported · Written up by our desk · Trade & Tariffs

CNBC Markets reports that Trump is moving to impose 50% tariffs on certain Canadian goods.

The report says the tariffs stem from alleged trade discrimination and highlight how the U.S.-Canada relationship has frayed during Trump’s tariff-heavy agenda.

CNBC Markets adds that Trump has been vocal about Canada’s role in a trilateral trade pact with Mexico, and that dissatisfaction is part of the backdrop to the tariff push.

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