The Canadian government retaliated against President Donald Trump’s latest wave of tariffs by raising tariffs on steel products and imposing a swath of new duties on $20 billion in U.S. products exported to Canada. NBC News' Christine Romans reports on the new tariffs unveiled by Canada as the trade war with the U.S. continues. Aug. 25, 2026
Commodities
Canada announces new tariffs on the U.S. as trade tensions rise
The Canadian government retaliated against President Donald Trump’s latest wave of tariffs by raising tariffs on steel products and imposing a swath of new duties on $20 billion in U.S. products exported to Canada. NBC News' Christine Romans reports on the new tariffs unveiled by Canada as the trade war with the U.S. continues. Aug. 25, […]


