U.S. to Impose 50% Tariffs on Canadian Goods Within 30 Days, Exempting Energy and Critical Minerals

The United States will impose 50% tariffs on many Canadian goods within 30 days, including items covered under the U.S.-Mexico-Canada Agreement (USMCA), with exemptions for energy, fertilizers, and critical minerals.

Canadian stock markets fell 0.86% on Monday. President Trump recently threatened additional punitive tariffs on Canada citing costs from wildfire damage.