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At close · Thu, Jul 16, 2026
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HomeGlobal MarketsTrade & TariffsU.S. announces 50% tariffs on some imports from Canada

U.S. announces 50% tariffs on some imports from Canada

The tariffs target goods tied to U.S. auto, dairy, and alcohol industries, as the administration cites discriminatory trade practices by Ottawa.

The Trump administration said Monday it will impose 50% tariffs on some goods imported from Canada.

MarketWatch reports the move is intended to pressure Ottawa to end what the administration describes as discriminatory trade practices affecting U.S. automobile, dairy, and alcohol industries.

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