Trump Hits $20 Billion of Canadian Goods With 50% Tariffs as Canada Doubles Metals Duties
Updated
Updated · CNN · Sep 7
Trump Hits $20 Billion of Canadian Goods With 50% Tariffs as Canada Doubles Metals Duties
3 articles · Updated · CNN · Sep 7
Summary
$20 billion of Canadian products now face new 50% US tariffs after late-August trade talks collapsed, with Trump also threatening 50% duties on Canadian autos and parts from Jan. 1.
Canada answered by doubling tariffs on US steel and aluminum to 50% from Sept. 8 and adding levies this month on paper, construction materials, appliances and farm goods.
At Half-Way House Freight Forwarding on the New York-Quebec border, owner Louis Patenaude said higher costs are already clouding demand for the 3,000 customers who use his cross-border pickup business.
Bank of Canada research on earlier 2025 countertariffs found targeted goods rose about 6% more than non-tariffed items, underscoring economists' view that consumers and companies absorb most tariff costs.
The border outpost's 200-year-old building—listed for sale at $350,000 on each side—captures the wider strain on a trade relationship long built on routine cross-border commerce.