MarketWatch
Canada announces retaliatory tariffs on U.S. goods after trade talks break down
Saturday, August 22, 2026
Canada Prime Minister Mark Carney announced tariffs on U.S. goods on Saturday, describing them as "dollar-for-dollar" in response to trade talks between the two countries ending without agreement. Carney did not specify which goods would be subject to the tariffs or when they would take effect. The announcement follows the collapse of trade negotiations between Canada and the United States.
