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New US-Canada tariffs may make everyday items more expensive

Name: New US-Canada tariffs may make everyday items more expensive
Uploaded: 2026-08-25T00:08:41+00:00
Description: President Donald Trump enacted 50% tariffs on roughly $20 billion worth of Canadian goods early Saturday morning. Canada is preparing to retaliate with “dollar-for-dollar” tariffs starting September 8, Prime Minister Mark Carney announced over the weekend. CNN's Matt Egan reports.

CNN — Aug 25, 00:08 AM — 1min

President Donald Trump enacted 50% tariffs on roughly $20 billion worth of Canadian goods early Saturday morning.

Canada is preparing to retaliate with “dollar-for-dollar” tariffs starting September 8, Prime Minister Mark Carney announced over the weekend.

CNN's Matt Egan reports.