Canada hit with new Trump tariffs

Jul 20, 2026

Trump is slapping 50% tariffs on a long list of Canadian goods, which is bad for shoppers and businesses on both sides of the border.

  • The tariffs cover booze, wine, dairy, cars, and odd items like hockey sticks and cement.
  • The stated reason is that Canadian provinces stopped stocking American alcohol and that Canada taxed US cars.
  • Canada only did that after Trump's first round of tariffs β€” it was one of just two countries, along with China, that hit back.
  • Americans pay these taxes, and Canada is likely to retaliate again, pushing prices up on both sides.
  • Manufacturing jobs have fallen since the tariffs started, not risen, and the pain is spreading β€” New Zealand just reported higher inflation on rising gas costs.

Outlook: Expect Canadian counter-tariffs and more boycotts of American goods, with prices climbing for ordinary people on both sides of the border.

← Latest Β· Archive