Trump Imposes 50% Tariff on Most Canadian Goods

U.S. President Donald Trump is imposing a 50% tariff on the majority of Canadian products, the White House confirmed. The move is a direct response to what the administration describes as Canada's 'discriminatory treatment' of American cars, alcohol, and dairy exports.

The new levy, which sharply escalates trade tensions between the two neighbors, targets a broad range of goods. No exemptions or phase-in periods have been announced.

The White House statement did not specify an effective date or list all affected categories, but the tariff is expected to hit key Canadian export sectors hard. Markets are likely to react to the heightened trade friction.