U.S. imposes 50% tariffs on some Canadian goods after trade talks collapse

The U.S. imposed 50% tariffs on a wide swath of Canadian goods at midnight after trade talks between the two countries collapsed. Canadian Prime Minister Mark Carney responded to the tariffs saying, “Canada will match those tariffs dollar for dollar.”

Negotiations between the neighboring countries broke down Friday night and Ottawa said it would impose retaliatory tariffs on U.S. goods.

US imposes 50% tariffs on Canadian goods as trade talks break down  ITVX

Canadian prime minister says country will match tariffs 'dollar for dollar' after failure to secure US trade agreement.

Just two hours before new tariffs were set to take effect on Canada, President Trump said the 50% tariffs on some of the country's products would be paused for three days. Nancy Cordes explains.

The 3-day reprieve covers roughly $20 billion in Canadian imports targeting autos, alcohol, and dairy sectors