[UPDATE] Canada tariffs $20B of U.S. goods Sept. 8; U.S. trade rep says no talks underway
Carney sets a condition for restarting negotiations.
Canada's retaliatory tariffs on $20 billion of American goods take effect September 8. Canadian Prime Minister Mark Carney said talks could resume when U.S. officials "stop doing memes, stop throwing shade and stop trying to be tough." U.S. Trade Representative Jamieson Greer said none were underway and called the fight "more their emergency than ours."
PREVIOUSLY
- Aug. 20 — Trump paused a 50% tariff on roughly $20.2 billion of Canadian goods two hours before it took effect, pushing the deadline to Aug. 22 with no signed text.
- Aug. 25 — Talks collapsed and the 50% duties took effect, with Trump threatening the same rate on autos and steel; Ottawa promised dollar-for-dollar retaliation Sept. 8.
- Aug. 26 — Canada set matching tariffs on more than 700 American products, worth nearly $20 billion.
- Aug. 31 — Trump described the measures as a rejection of all Canadian imports, though the covered goods are about 5% of U.S. purchases from Canada.
- Sep. 1 — Negotiations broke down again with each side blaming the other, leaving 50% U.S. tariffs on $27.6 billion of Canadian goods and Republicans in Congress pressing the trade representative.
The numbers:
- The U.S. tariff on covered Canadian goods is 50%.
- ABC and the Guardian put the covered imports at about $20 billion; the Hill reports $27.6 billion.
- Industrial supplies and materials, including energy, make up 51.6% of what the U.S. buys from Canada, ahead of autos and parts at 13.9%.
- Carney also rejected U.S. demands he said would wipe out Canadian industries or limit Canada's future trade deals.
Data: POLI