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Carney matches Trump tariffs with 50% tax on U.S. dairy, steel

The retaliatory levies will affect $20 billion worth of annual U.S. exports to Canada.

#asia#tariffs#canada

US-Canada trade war deepens as Trump threatens additional tariffs

The US-Canada trade war shows no signs of easing. Canadian negotiators walked away from talks in Washington as Prime Minister Mark Carney accused the Trump administration of making disproportionate demands at the last minute. The US now is levying 50% tariffs on 20 billion dollar

#trade#world#news#tariffs#trump

Tariffs just pushed Hyundai deeper into America

#finance#policy#world#tariffs#hyundai#america#economy

Canada announces retaliatory tariffs to begin Sept. 8

Canadian Prime Minister Mark Carney said Saturday morning that the country will enact retaliatory tariffs on the U.S. beginning on Sept. 8 in response to the Trump administration’s new 50 percent tariffs. The prime minister said during a press conference that the country will “ma

#new#policy#world#news

Watch live: Trump speaks amid tariff battles, signs order for ‘Lake America’

President Trump will speak with reporters Thursday as the Trump administration faces scrutiny over his trade war with Canada, looming sanctions on Iran amid the nearly six-month conflict and after he paused higher tariffs on ground beef.

Live#news#politics#live

Trump Tariffs On Canada Will Hit Toyota And Honda Hardest

Plus, Volkswagen's union workers in Germany putting up a fight against cuts, Nissan and Honda are still collaborating, and the state of the lithium market.

#auto#money#world

U.S. Treasury chief Bessent is rallying G20 allies on Iran as tariffs strain ties

Treasury Secretary Scott Bessent is meeting with finance ministers of the world’s largest economies this week at a time when the United States has disrupted the international order with aggressive tariffs on major allies and an unpopular war on Iran that is keeping gas prices hig

#career#world

Tariffs spat: Carney bets Canada can defy Trump

Canada is facing new US import penalties after Prime Minister Mark Carney refused to match US tariffs on China. Other countries are watching as the Trump trade clash turns into a fight over economic sovereignty.

#news#politics

Hosting G20 meeting, Bessent tries to rally allies on Iran as tariffs strain ties

Treasury Secretary Scott Bessent is meeting with finance ministers of the world's largest economies this week at a time when the United States has disrupted the international order with aggressive tariffs on major allies and an unpopular war on Iran.

#news#world

Bessent heads to the G20 to rally allies on Iran as tariffs strain ties - AP News

Bessent heads to the G20 to rally allies on Iran as tariffs strain ties AP News G20 Finance Officials Gather in U.S.

#news#google#world

Which states do Trump's tariffs hit the hardest

Data: Trade Partnership Worldwide, via National Taxpayers Union Foundation .

#news#world

Untested in court, Trump's new tariffs on Canada raise legal questions

The president's Section 338 tariff authority has never been used, let alone tested in court.

#news#politics

Politics chat: more tariffs, mail-in voting order, Kushner-Jeffries meeting

Real economic sanctions on Canada and economic threats to countries trading with Iran may work against Republicans in the midterm elections.

#news#social#world

U.S. Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoil

#finance#world

Canadian Small Businesses to Bear Brunt of New U.S. Tariffs

#finance#world

What tariffs will really cost Canadians and Americans

Households and businesses have become used to tariffs impacting the cost of living for more than year now, so what will change now?

#news#world

Canadian economy recovers sharply in Q2 but shadow of US tariffs in future

Healthy domestic demand, led by consumer spending and business investment, shows Canada was brushing off past tariffs.

#news#world

Trump administration weighs expanding chip tariffs to laptops, consoles, and servers, report claims — January's data center exemptions may be scrapped

The Trump administration is weighing a second round of semiconductor tariffs that would extend duties beyond chips to products built with them, including laptops, gaming consoles, and data center servers, eight unnamed sources familiar with the talks told POLITICO in a report pub

#hardware#devices#news#tech

Maine Democrat backs Trump’s Canada tariffs: ‘It won’t go well for them’

Rep.

#world

Canada excludes seafood from retaliatory tariffs on US goods

The Canadian government late Wednesday exempted seafood and fish products from its retaliatory tariffs on U.S.

#world

Tariffs, the price of ground beef, and Donald Trump

Former President Trump's proposal to temporarily pause tariffs on imported ground beef aims to lower prices before the midterm elections, despite economic analysis suggesting the 25 percent price reduction claim is unrealistic and potentially harmful to domestic producers.

#news#politics

Trade (and Tariffs)

Article URL: https://xkcd.com/3290/ Comments URL: https://news.ycombinator.com/item?id=49464896 Points: 162 # Comments: 50

#world

U.S. considers fresh round of tariffs on semiconductors, report says

As tech giants race to beat China in the AI infrastructure buildout, the U.S. is reportedly considering enforcing tariffs on semiconductors.

#tech#ai

From tariffs to French: Trump’s trade war with Canada takes a cultural turn

A trade war between Canada and the United States is escalating. Canada has announced retaliatory tariffs ranging from 15% to 50% on about $20 billion worth of American goods, after new 50% US tariffs on Canadian products took effect Saturday. But the tit-for-tat over goods has al

#new#trade#world#news

Canada to hit U.S. with retaliatory tariffs. And, remembering music legend Dolly Parton

Canada has announced it plans to hit the U.S. with countertariffs that mirror its actions "dollar for dollar." And, remembering the legacy of country star and icon Dolly Parton, who died at 80.

#music

The Tariff Cost: analysis of the costs to Americans from new tariffs on Canada

Article URL: https://thetariffcost.com/ Comments URL: https://news.ycombinator.com/item?id=49453161 Points: 147 # Comments: 151

#news

Former Labor secretary calls Trump’s Canada tariffs ‘irrational’

Former Labor Secretary Robert Reich on Wednesday called President Trump’s 50 percent tariffs on Canadian imports “irrational.” Reich warned in an interview with “Squawk Box” co-host Andrew Ross Sorkin on CNBC that prices would rise, particularly for housing, as a result of the tr

#housing

Canada retaliates with tariffs against U.S. as relations deteriorate

Canada imposed retaliatory tariffs against the United States as the two neighbors slide toward an all-out trade war. The tariffs will hit a range of U.S. products, from industrial goods to everyday items. At the same time, President Trump is threatening Canada with even steeper t

#trade#news#world#politics

Canada strikes back at US with retaliatory tariffs as trade war escalates

Canada struck back at the United States on Tuesday with retaliatory tariffs on about $20 billion worth of American goods, including steel, dairy products, appliances and farm equipment, as the trade war between the once-friendly neighbors escalated sharply. The confrontation thre

#trade#world#news

Canada unveils retaliatory tariffs on about $20 billion of U.S. goods

Canadian trade negotiators left the U.S. last week after failing to clinch a trade deal that would stop President Donald Trump's new tariffs from taking effect.

#new#trade#news#world#finance#politics

Trump's 50% Auto Tariffs On Canada Are Going To Ravage Jobs And Profits On Both Sides Of The Border

Who needs affordable cars when you can have endless arguments.

#auto

Canada announces retaliatory tariffs on US goods

Canada's government said it would impose tariffs on some 700 US goods as of next month, amid the latest trade spat between Donald Trump and Mark Carney.

#trade#world#news

Trump Threatens 50 Percent Tariffs on Canadian Autos as Trade Talks Fail

The move would significantly increase tariffs on autos, auto parts, and steel after failed trade negotiations.

#auto

Canada to place retaliatory tariffs on US goods

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Canada strikes back with retaliatory tariffs Canada announced retaliatory tariffs on hundreds of American products as high as 50 percent Tuesday, just days after the c

#world#news#policy

Canada hits back at the U.S. with tariffs as the countries' trade fight escalates

The measures come after President Trump imposed 50% tariffs on many Canadian goods and threatened more after trade talks broke down on Friday.

#trade#news#world#politics

Canada's tariffs on US about 'sovereignty to get people on board' with trade war

As its trade war with the US deepens, Canada is imposing tariffs on US goods in retaliation for tariffs introduced in the past few days on its goods. Ottawa has also announced a multi-billion aid package for workers and has called on Canadians to buy local to help domestic indust

#trade#world#news

Canada strikes back at Trump with retaliatory tariffs as US trade war escalates

Canada on Tuesday announced retaliatory tariffs on C$27.6 billion ($19.94 billion) worth of US goods, including steel and dairy products, in a dollar-for-dollar response to President Donald Trump's punitive tariffs on Canadian products. Ottawa also announced a C$7.5 billion aid p

#trade#news#world#politics

Canada announces 'dollar-for-dollar' retaliatory tariffs on US as high as 50%

The latest escalation in an ongoing trade war between the US and Canada will see new levies on goods from steel to furniture, fresh tuna and makeup.

#news

‘We don’t need Canada’: Trump threatens to double auto tariffs after trade talks collapse

US tariffs ​on all Canadian cars and trucks, automotive parts and steel will be increased to 50% starting January 1, 2027, President Donald Trump said Monday, adding that the US does not “need” Canada after the collapse of trade talks. Canadian Prime Minister Mark Carney said his

#auto

Trump says Canada to face 50% auto, steel tariffs from 2027

The latest threat comes after the neighbors failed to reach a deal to avert a 50% US levy on a range of other Canadian goods. Ottawa says it plans to impose retaliatory tariffs.

#auto

Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates

President Donald Trump said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027.

#auto

Trump Threatens 50% Tariffs On Canadian Cars, Ontario Threatens To Cut The Power (Updated)

A last-minute trade deal collapse has reignited a North American tariff war between the neighboring countries

#trade#world#auto

U.S.-Canada trade talks collapse, massive tariffs to take effect

Trade talks between the U.S. and Canada fell apart late Friday night, and both sides said steep new tariffs will go into effect. Why it matters: It's an unprecedented breakdown in relations with the second-largest U.S. trading partner. Catch up quick: Trump last month threatened

#new#trade#world#news

Canada will announce retaliatory tariffs against U.S. on Tuesday, official tells AP

Canada will announce retaliatory tariffs against the United States on Tuesday, an official familiar with the plans told The Associated Press, escalating a trade fight that has sharply worsened since negotiations with the Trump administration collapsed.

#world#trade#news

U.S. to detail new economic pressures on Iran. And, Canada to impose tariffs on U.S.

Today, Treasury Secretary Scott Bessent is set to announce details on new economic pressures on Iran. And, Canada has vowed to impose retaliatory tariffs against the U.S.

#new#world#news

Ontario's premier says Reagan would be 'throwing up' over Trump's tariffs

Ford said "everything is on the table" after Prime Minister Mark Carney walked away from trade talks late Friday.

#world#trade#news

Trump hits back at Carney, threatens to hike auto, truck, metals tariffs to 50% - NBC News

Trump hits back at Carney, threatens to hike auto, truck, metals tariffs to 50% NBC News Opinion | Mark Carney Did What Canadians Elected Him to Do The New York Times What to know about Trump’s tariffs on Canadian goods and rising tensions between once close allies WPRI.com Trump

#news#google

Canada vows ‘dollar for dollar’ response as US puts 50% tariffs on some goods

Collapse of trade talks could lead to job losses, but biggest impact on traditional allies is expected to be political The US has imposed 50% tariffs on some goods from Canada, and Mark Carney, the country’s prime minister, has vowed to match them “dollar for dollar” after the co

#world#trade#news

Trump slams Canada with new 50 percent auto tariffs for 2027

Trump said tariffs on Canadian auto and steel will double to 50 percent from January 1.

#auto

Trump threatens 50 percent New Year’s Day tariffs on more Canadian goods

President Trump hit back at Canadian Prime Minister Mark Carney on Monday, threatening to hit imported cars, trucks, auto parts and steel with 50 percent tariffs. The new tariffs would take effect on Jan. 1. “Canada has been ripping off the United States of America for years,” he

#auto

Shapiro on Canada tariffs: Trump chooses ‘chaos and cruelty’

Pennsylvania Gov. Josh Shapiro (D) on Sunday slammed the new tariffs on Canada from the Trump administration, claiming that President Trump “is destroying the relationship with one of our country’s strongest allies.” “Since Day One, Donald Trump has chosen chaos and cruelty — and

#new#news#world#policy#politics

Dollar edges up, loonie drops after U.S. announces tariffs

#finance#world

Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates - CNBC

Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates CNBC Opinion | Mark Carney Did What Canadians Elected Him to Do The New York Times Trump announces tariffs on Canadian vehicles, steel in escalation of trade war The Washington Post Trump claims Iran is ‘

News#google

Carney says US ‘attacked’ Canada with tariffs

Canadian Prime Minister Mark Carney on Sunday said the U.S. attacked Ottawa with tariffs, escalating a trade war that will impact residents on both sides of the border. “In recent days, the United States proposed new terms that were uneconomic, unfair, and undermined the net bene

#new#trade#policy#world#news

Duffy: Carney will ‘come to the table’ because tariffs will be ‘devastating’

Transportation Secretary Sean Duffy said Sunday that Canadian Prime Minister Mark Carney is going to “come to the table” on trade because tariffs against the U.S.’s northern neighbor will be “devastating.” “To think that they’re going to go to war with Donald Trump and actually w

#trade#world#news#policy

As U.S.-Canada trade talks collapse, Carney says retaliatory tariffs will start Sept. 8

New 50% Trump administration tariffs on some Canadian exports went into place after the U.S. and Canada failed to reach a deal on Friday.

#new#trade#world#finance

Trump hits out at Canada over retaliatory tariffs

Donald Trump has accused Canada of treating US farmers unfairly for years as a trade standoff between Ottawa and Washington escalates. Both sides are threatening new tariffs after the collapse of talks on Friday.

#new#trade#world#news

As Canada readies retaliatory tariffs, Mark Carney says his nation is 'at war' with U.S.

The U.S. has now imposed 50% tariffs on $20 billion worth of Canadian products. Prime Minister Mark Carney says Canada will match those tariffs "dollar for dollar" starting Sept. 8.

#world#news

Canada, US and tit-for-tat tariffs: How will they impact their economies?

Both countries will suffer from the trade war with steeper tariffs raising business costs and consumer prices.

#news#trade#world

Canada announces retaliatory tariffs on U.S. goods after trade talks break down

Canadian Prime Minister Mark Carney on Saturday announced his country would impose “dollar-for-dollar” tariffs on U.S. goods — a retaliatory measure after trade talks between the two nations broke down.

#trade#world#finance

Trump hits back at Canada after retaliatory tariffs announced

#oceania

US-Canada trade dispute escalates after Carney announces retaliatory tariffs

Canada and the US were closing in on a trade deal earlier this week until the negotiations fell apart. Both sides blame each other for last-minute changes to the terms. Canada’s Prime Minister Mark Carney has announced retaliatory tariffs on the United States after Washington imp

#trade#world#news

What Canadian Goods Will Take Trump’s 50% Tariffs? Some Pretty Strange Items. - The New York Times

What Canadian Goods Will Take Trump’s 50% Tariffs? Some Pretty Strange Items. The New York Times ‘No more!!!’: Trump lashes out after US-Canada talks devolve into trade war The Guardian Trump accuses Canada of wanting ‘benefits of being a State, without being one’ amid trade war

#google

Canada says will match new US 50% tariffs 'dollar for dollar'

The trade war between Washington and Ottawa is once again escalating. On Saturday, the US implemented 50% tariffs on certain Canadian goods, just hours after Donald Trump claimed he had a good relationship with his Canadian counterpart and that he thought a deal could be reached.

#new#trade#world#news

Canada to hit US with retaliatory tariffs as trade war escalates

Mark Carney says Canada will impose tariffs starting September 8 on imports of US steel, electronics and other products.

#news#trade#world

Canada rejects US terms for trade deal as 50 percent tariffs take effect

Canadian Prime Minister Mark Carney pulled his country’s negotiators from trade talks with the U.S. on Friday evening, just hours before the Trump administration’s new round of tariffs were set to go into effect. This decision followed weeks of intense negotiations between the tw

#intense

US imposes 50% tariffs on some Canadian products as trade talks fail

US Trade Representative Jamieson Greer said Canada had declined to finalize a trade deal, minutes before fresh Trump tariffs were due to take effect. Canada's Mark Carney said the terms proposed were "unfair."

#trade#world#news

S&P 500 closes little changed as investors weigh sticky inflation and await Nvidia earnings - CNBC

S&P 500 closes little changed as investors weigh sticky inflation and await Nvidia earnings CNBC Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July CNBC War, tariffs and AI are keeping pressure on prices as inflation remains stuck at 3.7% WCVB Consumers

#ai#google

Monday briefing: Canada-U.S. trade war; flood risk in your state; the cost of fighting measles; and more - The Washington Post

Monday briefing: Canada-U.S. trade war; flood risk in your state; the cost of fighting measles; and more The Washington Post U.S. Trade Rep Greer blames Canada for failed tariff talks: 'They wanted more' CNBC The Latest: Canada’s prime minister promises retaliatory tariffs as neg

#google#canada#trade-war#tariffs#news#trade

Pence says U.S.-Canada trade fight adds to affordability concerns for economy - The Washington Post

Pence says U.S.-Canada trade fight adds to affordability concerns for economy The Washington Post What Canadian Goods Will Take Trump’s 50% Tariffs? Some Pretty Strange Items. The New York Times Carney warned about economic coercion. Now Trump is testing the Canadian prime minist

#google#trade#tariffs#trump#economy#pence#affordability#news

Carney warned about economic coercion. Now Trump is testing the Canadian prime minister - AP News

Carney warned about economic coercion. Now Trump is testing the Canadian prime minister AP News Canada announces retaliatory tariffs against U.S. and IndyCar speeds through D.C.: Weekend Rundown NBC News Canada Turned Down a US Tariff Deal. Now Comes the Economic Cost Bloomberg.c

#news#google#trump#canada#tariffs#carney

‘No more!!!’: Trump lashes out after US-Canada talks devolve into trade war - The Guardian

‘No more!!!’: Trump lashes out after US-Canada talks devolve into trade war The Guardian What to know about Trump’s 50% tariffs on Canadian goods that just went into effect AP News Inside the 72 hours that cratered the US-Canada trade deal Politico U.S.-Canada breakdown shows lim

#news#google#trump#trade-war#tariffs#trade

Trump says Canada wants 'benefits' of being US state as Carney says countries in trade war - BBC

Trump says Canada wants 'benefits' of being US state as Carney says countries in trade war BBC Trump’s Top Trade Representative Details Offer That Canada Rejected The New York Times Trump hits out at Canada over retaliatory tariffs DW Inside the 72 hours that cratered the US-Cana

#google#trump#canada#trade#tariffs#carney#news#new

AI industry says Trump plans to tax chips in the “single dumbest way imaginable”

Donald Trump may be preparing to announce sweeping new semiconductor tariffs at the absolute worst time, the tech industry fears.

#tech#ai#talk

Canada’s Ford Likens Trump’s Actions to Saturday Night Live Skit - Yahoo Finance

Canada’s Ford Likens Trump’s Actions to Saturday Night Live Skit Yahoo Finance The US-Canada trade war in 5 charts BBC Trump Is Copying Putin’s Losing Playbook With Canada Bloomberg.com Untested in court, Trump's new tariffs on Canada raise legal questions PBS What new tariff wal

#news#google#world#legal

How a comic book store got swept into the tariff storm

Tariffs continue to rile all kinds of American businesses more than a year after Trump unveiled his first set of tariffs — including a comic book store owner in Ohio.

#news#world

Panic passes Trump tariff refunds back to the Playdate customers who paid them

Panic, the indie game publishers behind the quirky, yellow crank-sporting Playdate gaming handheld , is issuing refunds to customers who had to shoulder the cost of inappropriate tariffs imposed by the Trump administration this year.

#tech#culture#world

With the US and Canada locked in a trade war, fears of a recession lurk

Analysts say Canada may lose 100,000 jobs under the current tariffs and could go into recession if the USMCA pact ends.

#news#world

Wiped out: US faces surging toilet paper prices amid trade war with Canada

Paper products among hardest-hit sectors after trade negotiations broke down, with 25-50% tariffs estimated Are you a Canadian boycotting US products?

#news#world

Trade war between US and Canada could cost 90,000 jobs

Trump’s new 50% tariffs could put nearly 90,000 Canadian jobs at risk.

#world
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