Food from milk; global staple and industry
The White House has announced 50% tariffs on a wide range of Canadian goods, to take effect in 30 days under Section 338 of the Tariff Act of 1930. The duties will hit products from wine to cement and hockey sticks, exclude energy and critical minerals, and target goods previously protected by the USMCA; Ottawa has called the move a USMCA violation.
Canada has suspended trade talks with the United States after last‑minute changes to a proposed deal, and Prime Minister Mark Carney has said Canada will match new 50% US tariffs "dollar for dollar". Washington has imposed duties on about $20bn of Canadian goods; both sides blame the other for collapsing talks.