S&P 5007,753.11▼0.1% Nasdaq26,605.36▼0.3% Dow53,975.98▼0.1% Russell 2K3,017.40▼0.6% 10-Yr4.70%+4bp VIX15.46+0.56 WTI$82.30▲5.3% Gold$4,448.60▲2.5% EUR/USD1.155▲0.2% BTC$63,478▼0.7% Nikkei65,607▼0.1%
At close · Mon, Aug 10, 2026
Daily Market Updates.

Global Markets

Home›Global Markets›Trade & Tariffs›Trump says 50% tariffs on Canada will begin Aug. 19

Trump says 50% tariffs on Canada will begin Aug. 19

The proposal would escalate an ongoing Canada-US trade dispute by raising the tariff level to 50% starting on Aug. 19, according to the president.

Reported · Written up by our desk · Trade & Tariffs

The New York Times reports that President Trump said punitive tariffs of 50% on Canada would begin on Aug. 19.

The planned increase marks a major escalation of the trade war between the United States and Canada that began more than a year ago.

← Newer storyDollar stays rangebound as investors weigh Middle East risk and Fed o…

More like this

Global MarketsUN says 2.4 million Afghan girls barred from secondary education
Global MarketsDeutsche Bank named a renminbi clearing bank in Frankfurt
Global MarketsExperts say splitting MMR vaccine lacks scientific basis
Global MarketsRights groups sue over ICC sanctions and US executive order
Global MarketsUS export-control licensing delays cut exports and market share, survey says

Sources

NYT EconomyTrump’s 50% Tariffs on Canada: What to Know, and What’s Next

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.