on August 22, 2026 at 4:09 am Trade talks between the U.S. and Canada broke down on Friday, officials from both countries said, paving the way for the U.S. to impose 50% tariffs on about $20 billion worth of Canadian goods and risking an all-out trade warAmanda Coletta

Negotiations between the neighboring countries broke down Friday night and Ottawa said it would impose retaliatory tariffs on U.S. goods.