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The Economic Times

Top News / The Economic Times

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US imposes new 50% tariffs on a wide range of Canadian products

The United States is imposing a 50% tariff on many Canadian goods. This follows Canada's alleged discriminatory treatment of American cars and alcohol. The White House cited dairy systems and car quotas as reasons for the tariffs. These new tariffs will take effect on August 19. Energy and critical minerals are among the exempt Canadian products.

21 Jul 2026 6:05 am