Trump Announces 50% Tariffs on Canada Effective Aug. 19

President Donald Trump said new tariffs on Canada will be imposed. The tariffs will be set at 50 percent. They are scheduled to begin on August 19. This marks a significant escalation in the trade war. The United States‑Canada dispute began over a year ago. The tariffs are described as a form of punishment. The move follows earlier tensions in the bilateral trade relationship. Analysts will watch how the heightened tariffs affect U.S.-Canada commerce.