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Trump Slaps 50% Tariffs on Canada โ Carney Says All Options Open
NYT > World NewsยทWednesday, 22 July 2026

US President Trump announced 50% tariffs on Canada, marking a major escalation in trade tensions between the two neighbours. Canadian Prime Minister Mark Carney said he is looking at 'all options' in response. Both the Canadian government and public had been bracing for the escalation.
Why It Matters
A US-Canada trade war ripples through global supply chains and sets a template for how Trump may treat other trading partners โ including India.
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