Canada’s retaliatory tariffs kicked in just after midnight on roughly $20 billion worth of U.S. goods, setting up a high-profile trade standoff between President Donald Trump and Canadian Prime Minister Mark Carney.
The escalatory actions come after trade talks collapsed at the 11th hour last month. Canada’s tariffs put 15%, 25% or 50% duty across hundreds of American products — including steel, aluminum, dairy items like milk and cheese, golf clubs, appliances, clothing and farm equipment. The affected goods account for about 6% of the $333.6 billion in exports the U.S. sent to Canada last year.
Hours before the 12:01 a.m. ET tariffs kicked…
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