US-Canada 50% tariffs go in effect at midnight.
Yahoo Finance·2026-08-18 17:15
50% tariffs that Trump announced last month across a a few Canadian goods in response to what they describe as discriminatory practices across automobiles, alcohol, and dairy products. These tariffs that could go in effect to midnight tonight are about 5% of Canadian imports. So, a relatively small portion, but it's going to be taken as a major signal either way about larger talks around the USMCA.That's $400 billion in Canadian imports annually that that will be discussed. From the US side, automobiles app ...