Top Stories· August 18, 2026 at 02:08 p.m.
Trump's 50% Tariffs on Canada Imminent as Negotiations Remain Unresolved
Key takeaways
- Trump administration to impose 50% tariffs on Canadian aluminum and steel imports
- No deal has been reached in ongoing negotiations between the U.S. and Canada
- Canadian officials express concern over potential economic repercussions
The Trump administration is set to impose a 50% tariff on Canadian aluminum and steel imports within hours, with no deal reached in ongoing negotiations. The potential tariffs could significantly impact the bilateral trade relationship between the two countries.