Tariff Impact Resources

Latest Updates

The Canada-U.S. trade environment continues to change. Businesses engaged in cross-border trade should confirm applicable customs, import, export, and regulatory requirements through official government sources prior to shipment, as requirements are subject to change.

The United States has announced a new 50% tariff on a broad range of Canadian goods, effective August 22, 2026. The measures affect products across numerous sectors, including dairy, alcohol, electronics, building materials, apparel, and agricultural goods. Notably, the proposed tariffs apply to many goods that currently qualify for preferential treatment under CUSMA, with no stated expiry date.

Following the U.S. decision to impose a 50% tariff on $27.6 billion of Canadian goods, the Government of Canada has announced that it will apply counter-tariffs of 15%, 25%, and 50% on select U.S. products, effective September 8. The federal government has also introduced a $7.5 billion support package for affected Canadian workers and businesses.