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US hits Canadian goods with 50% tariffs after trade talks fail
## REUTERS
**Outlet:** Reuters
**URL:** https://www.reuters.com/world/americas/us-canadian-trade-teams-meet-again-tariffs-deadline-looms-2026-08-21/
**Headline (verbatim):** "US hits Canadian goods with 50% tariffs after trade talks fail"
**Lead sentence (verbatim):** "The U.S. imposed 50% tariffs on some Canadian goods on Saturday after the two longstanding allies failed to reach a trade deal, with each side accusing the other of derailing days of talks."
**Quotable sentences (verbatim):**
1. "Carney said he had suspended trade negotiations and Canada would retaliate 'dollar for dollar' on the new tariffs."
2. "I have decided to suspend trade negotiations with the U.S. and have directed Canada's negotiators to return to Ottawa," Carney said in a statement.
3. "The tariffs that came into effect just after midnight (0400 GMT) on some $20 billion of Canadian goods - things like wooden ice hockey sticks that are rarely used anymore - are far from an economic game-changer for the largest U.S. trading partner after Mexico."
**Fetched body:**
WASHINGTON/OTTAWA, Aug 22 (Reuters) - The U.S. imposed 50% tariffs on some Canadian goods on Saturday after the two longstanding allies failed to reach a trade deal, with each side accusing the other of derailing days of talks. The tariffs that came into effect just after midnight (0400 GMT) on some $20 billion of Canadian goods - things like wooden ice hockey sticks that are rarely used anymore - are far from an economic game-changer for the largest U.S. trading partner after Mexico. That represents just over 5% of Canada's exports to the U.S. But the new tariffs mark an increase in tensions between President Donald Trump and Prime Minister Mark Carney, and will likely make broader talks to renew the U.S.-Mexico-Canada free trade agreement more difficult. Carney said he had suspended trade negotiations and Canada would retaliate "dollar for dollar" on the new tariffs. "I have decided to suspend trade negotiations with the U.S. and have directed Canada's negotiators to return to Ottawa," Carney said in a statement. "They (negotiators) have worked hard, in good faith, to defend the interests of Canadians throughout these negotiations up until the very last minute," he said. "However, last-minute changes in the U.S. proposed terms were unfair, uneconomic, and called into question the reliability of any deal."
**Body hygiene:**
- body_chars: 1,732
- body_end: terms were unfair, uneconomic, and called into question the reliability of any deal."
- truncated: yes
- cut_at: after paragraph 7 (metered paywall)
**fetched_at:** 2026-08-23T04:13:09Z