Trump’s Secret Scramble Leaks After His Canada Move Backfires:
The president is fuming over Canada’s counter-tariffs.
thedailybeast.com/trumps-secret-scramble-leaks-after-his-canada-tariff-move-backfires/
Photo: thedailybeast.com · view article
Bloomberg: U.S. considers further penalties against CanadaCanada’s response has produced 50% levies on about $20 billion in annual U.S. exports.
Key FactsAug 26, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: thedailybeast.com
Summary created with AI assistance · Source: thedailybeast.com
- After long-running trade talks broke down on Friday, the United States imposed 50-percent tariffs on about $20 billion in Canadian goods under a previously unused provision of the Tariff Act of 1930.
- On Tuesday, Prime Minister Mark Carney doubled Canada’s existing counter-tariffs on U.S. steel and aluminum and added duties on American milk, furniture, clothing, and electronics, resulting in 50-percent levies on about $20 billion in annual U.S. exports.
- Bloomberg reported that the U.S. administration is considering further trade penalties that a White House official said could include higher tariffs or other actions, while Trump has already announced plans to raise tariffs on Canadian auto parts to 50 percent.
- The Wall Street Journal reported that Canada’s counter-tariffs appear to target products from closely contested Republican-held congressional districts, including nearly 200 seafood products from Maine, where Senator Susan Collins faces a difficult reelection campaign.
The United States is giving serious consideration to changing the name of Lake Ontario to Lake America in that we don’t expect to be doing much business with Ontario any longer.— Donald Trump, in a social media post on Tuesday morning
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Trump’s Secret Scramble Leaks After His Canada Move Backfires: The president is fuming over Canada’s counter-tariffs.
thedailybeast.com/trumps-secret-scramble-leaks-after-his-canada-tariff-move-backfires/
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