Trump put 50% tariffs on about $20 billion of Canadian goods, part of the $762.10 billion the two countries traded in 2024. Canada says it will match the tariffs dollar for dollar starting Sept. 8.
The numbers
- 50% US tariff rate on about $20 billion in additional Canadian goods, out of $762.10 billion in two-way trade in 2024
- Canada's matching tariffs take effect Sept. 8
- Trump also signed an executive order renaming Lake Ontario 'Lake America'