Anchor News
Business

Canada sets tariffs of up to 50% on U.S. steel and other goods after talks fail

The measure will hit U.S. exporters particularly hard in states such as Michigan and Ohio that will host heated races in November's midterm elections.

Anchor News
- 1 min read
Canada sets tariffs of up to 50% on U.S. steel and other goods after talks fail

Trucks cross into the United States on the Gordie Howe International bridge that connects Windsor, Canada, and Detroit, Michigan, on Sept. 6. | AFP-JIJI

BLOOMBERG

Sep 8, 2026

Canada imposed tariffs of 15% to 50% on hundreds of products from the U.S. on Tuesday, as Canadian Prime Minister Mark Carney bets that standing up to U.S. President Donald Trump will eventually help Ottawa’s negotiating position with its biggest trading partner.

Carney’s government increased the import tax on many U.S. steel items from 25% to 50%, and applied tariffs to a range of consumer goods — motorcycles, cosmetics, cheese and more — at 12:01 a.m. New York time.

The measure will hit U.S. exporters particularly hard in states such as Michigan and Ohio that do a lot business with Canada and host heated races in November’s midterm elections.

In a time of both misinformation and too much information,
quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW